German automotive giants plan thousands of job cuts amid intense global competition, with industry experts calling for urgent structural reforms and investments in renewable technologies.
Major German automakers ramp up job cuts and severance payouts amid a deepening industry crisis, as experts call for ...
Motorcycle retailer Polo Motorrad and Sportswear GmbH has filed for insolvency, impacting 700 employees and initiatin...
Motorcycle retailer Polo Motorrad and Sportswear GmbH has filed for insolvency, impacting 700 employees and initiating restructuring efforts amid increased online competition.
Major German automakers ramp up job cuts and severance payouts amid a deepening industry crisis, as experts call for urgent structural reforms to secure the sector's future.
German automotive giants plan thousands of job cuts amid intense global competition, with industry experts calling for urgent structural reforms and investments in renewable technologies.
German medium-sized companies face a talent retention crisis impacting operations and causing closures, exemplified by Bazuba GmbH’s Werl facility shutdown due to staffing challenges.
Denttabs, a Berlin-based company known for toothpaste tablets, has filed for insolvency amid declining sales, reflecting wider trends of business challenges and closures across Germany, particularly in North Rhine-Westphalia.
Coboworx, a German robotics startup, files for insolvency due to investor hesitation despite revenue growth, highlighting challenges in the startup ecosystem.
Experts emphasize that organizational structure and capacity, not technology alone, present the main challenges for integrating AI in German companies, with calls for ongoing digital transformation and supportive policies.
Leica Biosystems plans significant job cuts at its Nußloch headquarters, relocating key roles abroad while retaining local production, sparking concern in the community.
Companies like Amazon and Microsoft increasingly resort to smaller, frequent layoffs, heightening employee stress and challenging organizational morale.
Germany's vital Mittelstand sector faces growing challenges from bureaucracy, taxation, and social contributions, with calls for urgent government reforms to support growth and sustainability.
Statista cuts 80 jobs as it adopts AI automation amidst rising cloud costs that challenge AI innovation, highlighting economic and workforce impacts of AI integration.
Lufthansa is assessing cutting around 100 domestic flights due to rising taxes, fees, and decreased demand primarily from reduced business travel, CEO Carsten Spohr announced.
German companies are intensifying efficiency-driven reorganizations while adapting to new mandatory electronic working time recording legislation with exemptions for small businesses.
Kreissparkasse Köln introduces sustainable transformation financing for SMEs while Christian Lindner joins Hagedorn's advisory board focusing on sustainability.
Phoenix Engineering GmbH in North Rhine-Westphalia has filed for insolvency, owing millions to subcontractors and leaving many employees unpaid amid hopes for restructuring.
The closure of 100 businesses in Stahnsdorf's Green Park threatens over 500 jobs and raises concerns about local tax revenue.
ZF Friedrichshafen confirms workforce reductions and operational changes in its Saarland facility.
Major German companies face closures and asset sales amidst financial instability.
Bosch announces major job cuts affecting 13,000 employees in Germany's automotive sector amid ongoing industry challenges.
Major German firms Puma and ThyssenKrupp confront financial crises due to economic downturns in 2025.
A German assembly company is evolving into a leading modular technology provider.
Experts debate Germany's political reform capabilities in light of current challenges.