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134 new news items in the last 24 hours
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  2. Economie

Automakers and those in the steel industry in Germany are facing fears about the future, with 31% and 41% of employees expressing concerns.

Matei Gaginsky
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23 October 2025, 16:59
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An IG Metall report highlights the growing concerns among car manufacturers in Germany, where 31% of respondents are worried about their professional future. The situation is similar in companies supplying the steel industry, with 41% of employees expressing concerns. In contrast, in sectors such as specialized vehicle production and crafts, the level of confidence is higher, with 71% and 63% respectively believing in the stability of jobs. Almost half of the labor councils do not anticipate short-term economic improvements, and 47% consider the economic outlook to be poor.


Additionally, 20% of companies are discussing relocating production to the United States due to high energy costs. Unions and employees signal a lack of a clear strategy from employers, with fewer than 45% of companies having a concrete plan for the future. This stagnation of economic recovery is concerning, especially in the context of high energy prices affecting core industries.

Sources

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ziarulromanesc.de
Locurile de muncă din Germania, tot mai nesigure. Angajații din industrie se tem că vor rămâne pe drumuri - Ziarul Românesc
Merkur.de
Deutsche Wirtschaftsflaute: Jeder zweite Industrie-Betrieb zittert um Jobs

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NEWS ON THE SAME TOPICS

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German car manufacturers are facing major challenges and massive restructuring.
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The automotive industry in Romania is losing approximately 1,200 employees per month. The decline is caused by the decrease in production and orders from Europe.
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The job market in Germany has reached its lowest level in the last five years, with a decrease in job offers and an increase in unemployment.
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The German government wants to prevent the closure of Volkswagen factories in Germany, which could affect up to 100,000 employees.
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BMW announces negotiations with employee representatives after a profit warning and efficiency measures. The weakness of the Chinese market and rising costs are affecting the company.
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Volkswagen is preparing to close four factories in Germany by 2034 and will reduce 50,000 jobs.
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