In Germany, holding an engineering degree is no longer a reliable safeguard against unemployment. In the third quarter of 2026,
The German offshore industry faces the threat of massive job losses. On October 23, 2026, companies along the North Sea
Offshore industry facing a jobs crisis – up to 23,000 positions at risk Read More »
Swedish automaker Volvo Cars has reported a massive slump in its business. The company is facing significant pressure due to
Volvo plunges deep into the red – 5,500 jobs to be cut Read More »
The profit margin for Mercedes’ car division nearly halved in the third quarter. The adjusted return on sales fell from
Profit margin of Mercedes’ car division nearly halved in the third quarter Read More »
The solar company Energiekonzepte Deutschland (EKD)—a nationwide provider of photovoltaic systems, battery storage units, and heat pumps—has filed for insolvency.
The Italian insurance company Generali plans to close three of its German locations by the end of 2030, resulting in
Insurance group Generali to close three locations in Germany – 800 jobs lost Read More »
In the Austrian town of Kundl, Europe’s last fully integrated penicillin factory is fighting for its economic survival as of
Europe’s last penicillin factory faces closure – China dominates the market Read More »
On October 22, 2026, Bosch announced a sweeping corporate restructuring. Starting in August 2027, approximately 62,500 employees are set to
Bosch spins off 62,500 employees – corporate restructuring could facilitate job cuts Read More »
On October 22, 2026, the German battery storage manufacturer Sonnen GmbH filed for insolvency under self-administration. This move followed years
Sonnen GmbH insolvent – German battery storage pioneer faces break-up Read More »
The German Trade Union Confederation (DGB) has called on the federal government to focus its policies more strongly on the
DGB leader Fahimi calls on the government to place greater focus on economic growth Read More »
Sassnitz, on the island of Rügen, is losing a planned industrial project valued at 40 million euros. On October 19,
40-million industrial project in Sassnitz fails – Finnish corporation withdraws Read More »
Delays to Deutsche Bahn trains caused by the state of the infrastructure have increased significantly once again this year. “The
Train delays due to dilapidated infrastructure will increase by 40 percent in 2026 Read More »
In October 2026, the German hospitality sector continues to face a wave of closures and insolvencies. Between 2020 and 2025,
The Swiss pharmaceutical company Roche is putting all future investment decisions in Germany on hold for the time being. This
Roche halts new investments in Germany – Federal government loses credibility Read More »
Ahead of talks with Volkswagen management, the trade union IG Metall has threatened the automaker with strikes if it does
Union threatens major industrial action ahead of talks with Volkswagen Read More »
