German Employers Warn 300,000 More Industrial Jobs at Risk Amid Deindustrialisation Fears
25 Articles
25 Articles
German employers warn 300,000 more industrial jobs at risk amid deindustrialisation fears
Germany's industrial sector faces additional threats, with up to 300,000 jobs at risk in the next two to three years due to ongoing challenges like high costs and global competition. Source
German car industry crisis may bury another 300,000 jobs
The crisis of the German car industry may bury another 300,000 jobs.Bosch plans to lay off 22,000 employees, ZF - 14,000. Since 2019, Germany's metallurgical and electrical industries have lost 350,000 jobs, and Gesamtmetall CEO Oliver Zander warns of...
In view of the persistently weak order situation and high production costs, the employers' association Gesamtmetall calculates a newspaper report with an acceleration in job losses in the metal and electrical industry.
In Germany, about 300,000 jobs could be cut in the next two to three years in the metallurgical, electrical and automobile industries, as announced by Gesamtmetall Oliver Zander, head of the employers ' association.
The Federation of Employers in the Minerals and Electrical Industries of Germany today, Wednesday, warned against the possible loss of some 300,000 additional jobs in the sector over the next two to three years, as production continued to decline and economic and competitive pressures on German companies increased.
Gesamtmetall warns employment could fall to lowest level since reunification amid high costs, weak capacity utilization
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