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120 new news items in the last 24 hours
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  2. International

The economic crisis in Germany has led to the loss of more than 100,000 jobs in industry, with the automotive sector worst hit

Raluca Niculae
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7 June 2025, 12:28
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International
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EY analysis shows that German industry lost 100,000 jobs in one year, mostly in the automotive sector, with 45,400 employees affected. By the end of the first quarter, the total number of employees in the industry had fallen by 1.8%, and forecasts point to another 70,000 job cuts. Chinese competition and weak demand are contributing to the losses. Although long-term employment has increased, critics warn of the risks of deindustrialization and call for reforms to improve Germany's competitiveness as a business hub.

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Industria germană a pierdut 100.000 de locuri de muncă într-un an (analiză)
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Lovitură dură pentru economia Germaniei. 100.000 de locuri de muncă din industrie, pierdute într-un singur an

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NEWS ON THE SAME TOPICS

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Economy
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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German car manufacturers are facing major challenges and massive restructuring.
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Volkswagen is considering a restructuring plan that could lead to the elimination of 100,000 jobs.
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BMW announces the elimination of 8,000 jobs in Germany through voluntary departures, affecting the administrative and development departments.
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The European Union is facing the risk of losing over 560,000 jobs by 2026 due to high energy costs and industrial transition.
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