Business Cycle: Mechanical Engineers Become More Confident - but Job Cuts Threaten

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German mechanical engineers are looking forward more optimistically. In some customer sectors it is going up - also thanks to the boom about armor and AI. But there is bad news for the employees.

glasistre.hr

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The mood in the German machinery industry has improved significantly, but the VDMA association warned on Wednesday that companies could continue to cut jobs in the coming period.

poslovni.hr

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Expectations for the next six months are also more positive. 33 percent of companies expect an improvement, compared to 25 percent in July, and only ten percent predict a deterioration.

Biznis.rs

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The mood in the mechanical engineering and plant manufacturing sector continues to improve significantly, although the branch association VDMA warned on Wednesday that companies in the important industry are still planning job cuts. In the third quarter, slightly more than a third of companies in the sector rated the current situation as "good" or "very good," compared...

wiwo.de

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German mechanical engineers are looking forward more optimistically. In some customer sectors, things are going up, but there is bad news for the employees.