photo: Nelso Silva / Flickr/SBB Cargo Re 484 018
SBB Cargo is to cut 80 jobs by 2025 amid declining freight volumes, with further restructuring plans expected in March.
Swiss rail freight operator SBB Cargo is cutting around 80 jobs by the end of 2025 due to a sharp drop in freight volumes. The company attributes the decline to worsening economic conditions, with further restructuring plans expected to be announced soon.
Switzerland, known for its high share of rail freight transport, has reported a decrease in transported goods. Last year, SBB Cargo’s performance declined more than expected, leading to the decision to cut approximately 80 positions by the end of 2025. The company blames the deteriorating economic climate for the downturn. Additional measures will be announced on March 6, when SBB presents its 2024 financial results.
SBB Cargo Workforce
Earlier reports indicated that SBB Cargo plans to cut around 20% of its workforce by 2030. In response, trade unions have called for a halt to the restructuring, warning that it could jeopardize the company’s efficiency targets, particularly in single-wagon freight transport.
SBB Cargo currently employs 2,250 workers, while the broader SBB Group has a total workforce of 35,500.
Source: SBB Cargo; IRJ
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