Deutsche Bahn prepares 'emergency' cost-cutting measures, sources say

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One of the sources referred to the measures as an "emergency brake" for the state-owned company, which has faced a series of strikes, wage increases and pressure to modernize its outdated infrastructure. "A hiring freeze and an almost group-wide spending freeze are being prepared," a company source told Reuters. The measures would affect all of Deutsche Bahn's business areas except for its logistics subsidiary Schenker, which is currently up for sale, the sources said.