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German rail operator Deutsche Bahn said it plans to cut thousands of jobs, mainly in its administration, after it reported a net loss of €1.2 billion ($1.3 billion) in the first half of 2024 on Thursday. “We aim to reduce our workforce by about 30,000 full-time jobs over the next five years,” chief financial officer Levin Holle said during the presentation of the half-year balance sheet. His comments came after Deutsche Bahn said it suffered a net loss of €1.2 billion ($1.3 billion) in the first half of 2024. By comparison, the state-owned company had a corresponding loss last year of €71 mill…

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