EMCC European Monitoring Centre on Change

Österreichische Bundesbahnen ÖBB

Company/Organisation:
Österreichische Bundesbahnen ÖBB

Geographic Location

Country: Austria

Company

Sector: Transportation / storage
Transportation and storage
49 - Land transport and transport via pipelines
Number Employed: 53000

Employment Effects

Announcement Date: 07-02-2003
Planned Job Reductions min: 15000
Planned Job Reductions max: 15000
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2003
Foreseen End Date: 31-12-2010

Additional Information

Despite ongoing company restructuring for several years, Österreichische Bundesbahnen (ÖBB), the federal railways company owned by the state, is still facing dramatic financial problems which make further significant personnel reductions necessary. According to Martin Huber, the CEO of the ÖBB holding company, 4,700 employees were made redundant or pensioned off in 2006. Thus, ÖBB’s total wokforce decreased from about 53,000 in 2003 to 43,000 by the end-2006. However, it still remains unclear how many of these 10,000 job cuts have been dismissals. Of the current 43,000 employees it is planned that around 5,000 will be either shifted to another workplace within the ÖBB group or made redundant by 2010.