Implementation of the S3 restructuring program

As part of the Group-wide S3 restructuring program, DB Group will reduce its personnel requirements by more than 10,000 jobs by 2027. One particular focus is on overhead functions. The aim is to become leaner, more profitable and more efficient. Further progress was made with the personnel reduction in the first half of 2025. DB Group attaches particular importance to constructive cooperation and a good social partnership. Employees at companies covered by the collective bargaining agreements of the German Railway and Transport Workers Union (Eisenbahn- und Verkehrsgewerkschaft; EVG) enjoy extensive protection against dismissal. The majority of the employees affected can be found alternative positions within DB Group’s intra-Group labor market. DB Group also makes use of natural fluctuation and instruments such as part-time work leading up to retirement and severance packages.