Berlin. A profit slump is forcing the German Railways to a radical restructuring of the Group. Deutsche Bahn CEO Rüdiger Grube led back to the significant decline in earnings in the first half mainly due to the train driver strikes and several storms. “We have moved weeks behind us,” Grube said on Tuesday. Given the continuing weak earnings and the problems in several business areas of Deutsche Bahn CEO had announced a Group reorganization as early as Monday. The aim is to make the state-owned enterprises more efficient, more competitive and more profitable. The train did not rule out job cuts. His concrete ideas he wanted to present to the Supervisory Board on 16 December, Grube announced. “We will now roll up their sleeves.” Criticism, he reacts too late, he refused. The railway has approximately 196,000 employees one of the largest employers in Germany. Abroad, it has 100,000 employees.
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