German Traditional Company Announces to All Employees without Severance Payments

A family business from Baden-Württemberg closes its doors after 119 years. The almost 100 employees have to go without severance payments.

The closure of family companies, such as Karl Wildermuth Bauuntermen GmbH and Co. KG, reflects a disturbing phenomenon in the current economy. With 119 years of history, Bietgeim-Bissingen, in Baden-Württemberg, has completed its activities, leaving about 100 employees unemployed and without financial compensation. This event highlights the challenges faced by traditional business... The post Traditional Company invites all employees without ind…