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Another German Global Market Leader Announced a Reduction in Orders: EADaily

Summary by EADaily
EADaily, June 6th, 2025. The German engineering company Vafios announced a reduction in the number of orders, transferring about 60% of employees to a reduced working day.

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De TelegraafDe Telegraaf
Reposted by
rd.nlrd.nl
Right

German industry has lost more than 100,000 jobs in one year due to the country's economic malaise, according to an analysis by accounting and consulting firm EY. The important automotive sector has been hit hardest: around 45,000 jobs have disappeared in that sector alone.

·Amsterdam, Netherlands
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Die PresseDie Presse
Reposted by
KurierKurier
Lean Right

The hardest hit the workers in the automotive industry in Germany, where almost half of the 100,000 jobs were cut.

·Vienna, Austria
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Lean Right

German industry has lost 100,000 jobs within a year, of which 45,000 are in the car industry. Chancellor Merz is now introducing a so-called offset rule – it is intended to prevent US tariffs on cars.

·Dortmund, Germany
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hna.dehna.de
+7 Reposted by 7 other sources
Center

The economic crisis leaves traces in the industry. Especially at car manufacturers, many people lose their jobs - a turnaround is not in sight. Other industries are glamorously moving away.

Germany's industry simply does not come out of the crisis. The car industry is particularly hard hit. Experts warn of further job cuts and demand a course correction of the policy. This post Crisis Within one year: 100,000 jobs in Germany's industry have been destroyed published on JUNGE FREIHEIT.

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EADaily broke the news in on Friday, June 6, 2025.
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