GERMANY’S state railway Deutsche Bahn said Thursday it would cut about 6,000 jobs at its cargo subsidiary in a bid to boost profitability and reduce dependence on government funds.

“The current restructuring plan envisages a reduction of approximately 6,000 jobs at DB Cargo,” Deutsche Bahn said in a blog post.

“The plan is to implement this in a socially responsible manner.” Loss-making DB Cargo is facing an EU investigation under state aid rules, and an official decision is due in October.

— AFP