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Deutsche Bahn's Cost-Cutting Response
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Deutsche Bahn is implementing 'emergency' cost-cutting measures in response to financial difficulties, prompted by substantial 2023 losses and a significant net debt. The measures include a freeze on hiring, constraints on spending, and a requirement for management approval on new hires and expenses, with an exception made for the potential sale of the logistics subsidiary Schenker.
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How could the potential sale of the subsidiary Schenker affect Deutsche Bahn's financial position and future business direction?
How might the cost-cutting measures impact Deutsche Bahn's workforce and overall operations?
What strategies could Deutsche Bahn employ to recover from its significant financial losses?
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