Rail freight group DB Cargo to shed 900 UK jobs
Planned cuts, blamed on a dramatic decline in markets such as coal and steel, represent more than a quarter of its workforce
Britain’s largest rail freight operator, DB Cargo UK, is to shed almost 900 jobs, more than a quarter of its workforce.
The German-owned firm blamed “rapid and unprecedented changes in the markets it serves” for the decision, with the dwindling of coal and steel transportation a major factor.
Source: Guardian Transport