2024-09-17 23:55:08
Business
Transportation
Economy

Navigating Deutsche Bahn's Restructuring Challenges

The modernization of Deutsche Bahn is at a critical juncture as stakeholder expectations clash with operational realities. EVG Vice President Loroch emphasizes the necessity for a transparent strategy backed by political commitment. He criticizes the government for promoting a transport transition while simultaneously withdrawing essential financial support. This inconsistency raises concerns about the future trajectory of the rail operator.

In response, Bahn CEO Richard Lutz has unveiled a restructuring plan dubbed 'S3,' which aims to achieve an ambitious target of 80% punctual trains and a profit of 2 billion euros by 2027. However, this plan comes with significant workforce reductions, potentially cutting 10,000 to 15,000 jobs, and decreasing the staffing ratio from 52% to 50%. Moreover, the proposal includes rerouting long-distance trains around major cities like Frankfurt and Berlin, prompting further debate.

Detlef Müller, Deputy Chair of the SPD faction, expresses support for Lutz but urges for expedited reforms to address the pressing challenges facing Deutsche Bahn. With mounting criticism regarding the company's punctuality, Federal Transport Minister Volker Wissing insists on clear and measurable goals. The path forward must prioritize not only fiscal responsibility and operational efficiency but also the well-being of the employees who are central to the company's success.
Frankfurter Rundschau
17. September 2024 um 15:19

Saving and Reforming

Economy
Politics
Deutsche Bahn CEO Lutz presents the 'S3' restructuring concept with goals of 80% punctual trains and 2 billion euros in annual profit by 2027. For this, 10,000-15,000 jobs are to be cut and the personnel cost ratio is to be reduced from 52% to 50%. It is being considered to bypass Frankfurt am Main and Berlin for long-distance trains. SPD parliamentary vice-president Müller calls for a timely implementation.
lvz
17. September 2024 um 16:44

Modernization Program for Deutsche Bahn: What Does the Supervisory Board Say?

Economy
Finance
EVG Vice President Loroch demands an honest strategy and political support; the government showcases the transport transition but withdraws financial resources; the restructuring plan must put employees at the center.
CW

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