DB Cargo is proposing the cutting of 893 jobs across its UK business, the reduction of its locomotive and wagon fleet, and the revision of “the number and location” of its operational facilities.
The proposal has been influenced by “unprecedented challenges” generated by a significant decline in core markets like coal.
Hans-Georg Werner, CEO of DB Cargo UK, said: “Responsible and successful businesses must evolve and reshape as their markets change and sometimes this means making tough decisions. While this is a difficult time for all of us at DB Cargo UK, reshaping the company will enable us to build a business for the future and protect the majority of jobs.
“We are fully committed to supporting colleagues who may be at risk of redundancy.
“We firmly believe in the future of rail freight in the UK. Our motorways and roads are becoming more congested and rail offers fast and clean supply chain solutions. Our new business strategy will ensure we are a perfect logistics partner of choice for customers across all sectors, including construction, automotive and intermodal, long into the future.”
The company has said that no final decisions have been made at this stage, and that all three proposals are subject to “formal collective and individual consultations.”
