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News Wire / economy

German Companies Plan Large-Scale Job Cuts

BR24 Munich 14d13d Impact 5
The IFO Institute reports that German companies are planning extensive job reductions. The IFO Institute report states that the business barometer has fallen to its lowest level in six years. Companies in Germany are planning more job cuts across almost all sectors due to global crises, specifically the war in the Middle East. The report also notes that rising fixed rental payments are impacting businesses. Additionally, the German government aims to reduce airport wait times by enabling full digital check-in processes. The report indicates that almost no industry is exempt from potential job reductions. A company is planning to cut 1,500 jobs, with the majority of these reductions occurring at locations within Germany.

Topics

employment economy Middle East conflict

Developing

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Sources · 7 independent

BR24

“Laut IFO-Institut werden hierzuellen mehr Arbeitsplätze abgebaut als geschaffen. Das zeigt das Beschäftigungsbarum.”

SWR Aktuell

“Das entsprechende Barometer sei auf den niedrigsten Stand seit sechs Jahren gefallen. Fast keine Branche sei vom Arbeitsplatzabbau ausgenommen, besonders stehenden Mietzahlungen.”

SWR Aktuell

“Das entsprechende Barometer sei auf den niedrigsten Stand seit sechs Jahren gefallen. Fast keine Branche sei vom Arbeitsplatzabbau ausgenommen, besonders”

BR24

“Insgesamt will das Management unter anderem 1.500 Stellen abbauen, den Großteil davon an Standorten in Deutschland.”

BR24

“Insgesamt will das Management unter anderem 1.500 Stellen abbauen, den Großteil davon an Standorten in Deutschland. Vor allem wegen des schwachen US-Dollars.”

BR24

“unter anderem 1.500 Stellen abbauen, den Großteil davon an Standorten in Deutschland.”

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