Slovak State Rail Freight Company Approves Mass Layoffs

Slovakia's state-owned rail freight company, Cargo, has approved a plan that could result in the elimination of hundreds of jobs. Management signed off on the mass layoff proposal, which would cut a significant number of positions across the company. Some locomotive drivers currently employed in freight operations could potentially transfer to ZSSK, the separate state-owned passenger rail operator, rather than face outright dismissal. The move reflects ongoing financial pressures facing the freight rail sector, where state-owned operators across Europe have struggled with declining volumes and rising operational costs. The scale of the planned cuts underscores broader challenges within Slovakia's publicly owned transport infrastructure.