Germany: strong wave of dismissals as of this summer taking shape

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30 March 2009 à 09h42

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3 minutes

Publication: 30 March 2009 à 09h42

Reading time: 3 minutes

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Publication

30 March 2009 à 09h42

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Publication: 30 March 2009 à 09h42

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heinmetall or Heidelberger Druckmaschinen, among others: staff cut announcement are growing in number in Germany. Gesammtmetall, the employers’ federation of the iron and steel sector, announced that 50% of businesses in the sector are planning job cuts. The IG Metall is begging businesses not to unwisely part with skilled workers. (Ref. 090344)

On Friday, Karl-Thomas Neumann, CEO of Continental, didn’t give much hope to the 1.900 employees of its Clairoix and Stocken factories: “We went...

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