cuts

Porsche job cuts: Leiters to eliminate 5,000 roles while promising employment until 2035, sparking VW tensions Porsche job cuts: Michael Leiters will cut 5,000 positions and reduce Baden-Württemberg capacity while …

Salzgitter to acquire Ruhr’s second-largest steelworks despite years of losses Salzgitter acquires the Ruhr region’s second-largest steelworks despite losses since 2023; CEO Gunnar Groebler defends the move amid 2,000 planned …

Telefónica Deutschland job cuts: O2 plans 1,100 layoffs and 60 store closures Telefónica Deutschland to cut 1,100 full-time roles at O2 and close 60 owned shops by year-end; restructuring costs …

Germany Proposes Cuts to Wohngeld as 1.2 Million Households Receive Aid Proposed federal cuts would reduce Wohngeld funding by €750m next year and by €1bn from 2028, threatening benefits for …

Germany Curtails Heat Pump Subsidy; KfW Confirms New Rules New KfW rules lower the heat pump subsidy and set phased reductions for eligible costs and bonus rates, with a value-added …

Zalando layoffs confirmed in Berlin as company pursues mutual termination agreements Zalando layoffs hit the headlines after the fashion retailer confirmed plans for further workforce reductions in its Berlin operations, …

German Economy Minister Katherina Reiche Proposes Cuts to Solar Subsidies, Industry Warns of Job Losses Katherina Reiche’s proposal to cut solar subsidies and reform renewable energy support in Germany has …

Heimat-Agenda: Minister Alois Rainer tours rural Germany to sell cohesion plan amid €54m funding cut and rising AfD influence Heimat-Agenda: Federal minister Alois Rainer tours rural Germany to boost cohesion …

Groupe SEB to Cut Jobs: WMF Layoffs Hit German Sites Amid Cost-Saving Drive Groupe SEB announces WMF layoffs and factory closures in Germany, cutting jobs to save €200M as retail …