Article Tools

ÖBB: Layoff of 100 executives and 1,000 administrative jobs

Published: September 10, 2010; 14:46 · (Vindobona)

In order to save the financially strongly ailing ÖBB, it is being set on a course of austerity by the new boss, Christian Kern, who has been appointed on Friday. 100 executive and 1,000 administrative jobs are to be cut within the next three years.

ÖBB: Layoff of 100 executives and 1,000 administrative jobs / Picture: © ÖBB-Holding AG / Sabine Hauswirth

The new ÖBB boss, Christian Kern, took stock of the situation rather critically during his "inaugural press conference" on Friday:

There have been serious management failures at the Federal Railroad, the railway reform of 2003 has split up the structures and fragmented responsibilities, there is no cost-consciousness and there is a "keeping-busy circus" due to internal…

This article includes a total of 476 words.

or Log In

Fast News Search