German Economy Faces Sharp Job Losses Amid Criticism of Government Response
Germany is facing deepening economic challenges with significant job cuts in key industries and criticism from economic leaders over insufficient government action.
Layoffs and downsizing
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Zalando Shuts Erfurt Logistics Center, Threatening 2,700 Jobs
Zalando's decision to close its Erfurt logistics center will eliminate 2,700 jobs, deeply affecting the local economy and workforce.
Friedrich Merz Warns of Significant Job Losses in German Companies in 2026 Amid Economic Challenges
Chancellor Friedrich Merz warns of worsening economic challenges and predicts further job losses in German companies in 2026, especially in automotive and chemical sectors, while highlighting potential recovery in defense-related industries.
German Metal and Electrical Industry Faces Massive Job Cuts Amid Rising Costs and Workforce Challenges
Tens of thousands of jobs are predicted to be cut in Germany's metal and electrical industry due to high costs and workforce challenges, with industry leaders calling for government action to reduce EU bureaucracy and improve employee retention.
German Companies Continue Job Cuts Amid Weak Industrial Outlook for 2026
German firms are set to maintain job cuts in 2026 amid weak industrial demand, despite modest economic growth forecasts.
LYB Solvent Recycling to Close Merseburg Site, Threatening 100 Jobs
LYB Solvent Recycling plans to shut down its Merseburg plant by mid-2026, threatening around 100 jobs and ending a long-standing presence in solvent-based plastic recycling.
Voith CEO Dirk Hoke Announces Plan to Cut 2,500 Jobs Amid Company Restructuring
Voith's new CEO Dirk Hoke plans to cut 2,500 jobs, mainly in Germany, as part of a broader restructuring strategy to improve the company’s competitiveness and financial health.
Wacker Chemie to Cut 1,500 Jobs Amid High Energy Costs and Industry Challenges
Wacker Chemie announces 1,500 job cuts amid high energy costs and economic challenges hitting Germany's chemical industry.
German Automotive Industry Faces Major Job Cuts Amid Structural Transformation
German automakers face sweeping job cuts and structural reforms amid economic and technological challenges, with severance payouts soaring and industry leaders urging decisive change.
One-Third of German Companies Plan Job Cuts in 2026 Amid Investment Decline and Economic Uncertainty
One-third of German firms plan workforce reductions in 2026, with industrial sectors and investment expectations notably impacted, amid regional disparities and calls for government reforms.
Companies Shift to Smaller, More Frequent Layoffs Amidst Rising Employee Uncertainty
Companies like Amazon and Microsoft increasingly resort to smaller, frequent layoffs, heightening employee stress and challenging organizational morale.
Phoenix Contact Shows Signs of Financial Recovery Amid Workforce Reduction Plans
Phoenix Contact’s financial outlook improves with revenue growth, yet workforce reductions planned amid regulatory challenges.
German Companies Face Insolvency in 2025 Due to Labor Shortages and Financial Strains
Two German companies from NRW and Baden-Württemberg have filed for insolvency in 2025 due to labor shortages, rising interest rates, and liquidity issues, highlighting specific business challenges over general economic downturns.
Significant Store Closures Announced by Hammer, Resulting in Job Losses Across Germany
Hammer's extensive store closures across Germany will lead to substantial job losses, affecting local economies.
ZF Plans Major Workforce Reductions amid Operational Changes in Saarland
ZF Friedrichshafen confirms workforce reductions and operational changes in its Saarland facility.
German Job Market Faces Significant Contraction as Firms Plan Further Layoffs
Germany's job market is contracting as companies plan significant layoffs by late 2025.
Meyer Burger Cuts 600 Jobs Amid Solar Industry Crisis
Meyer Burger lays off 600 employees in Germany, reflecting broader solar industry challenges.
German Industry Faces Severe Challenges as Economic Pressures Mount
German industries are under immense pressure due to rising costs and order shortages, leading to job cuts and a slow digitalization process.