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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 …

Pharma investment freeze in Germany deepens as Boehringer and Eli Lilly scale back projects German pharmaceutical investment freeze alarms industry as lawmakers approve higher manufacturer rebates and tougher pricing rules …

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, …

Germany’s EEG reform draft and Netzpaket draw sharp industry and political criticism Germany’s EEG reform and Netzpaket drafts, softened by the Economy Ministry, face industry and Green criticism over curtailment, …

Fraunhofer Study Warns of Massive European Auto Industry Job Losses by 2040 Fraunhofer warns the European auto industry could lose up to 726,000 jobs by 2040, driven by powertrain shifts, …

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 …

New IW study reignites debate over profits and jobs in Germany As unions press for redistribution, a new Institute of the German Economy report argues corporate profits are essential for …

Bosch leadership shock as Stefan Hartung exits amid mass job cuts and partnership setbacks Bosch faces renewed upheaval after CEO Stefan Hartung’s abrupt exit amid job cuts and strategic setbacks, …