Tag Archives: Industry

German of the day: Sich ins Knie schießen

February 11, 2026 By in Hard Facts, Home Cooking Tags: , , , , , , , Leave a comment

That means to shoot yourself in the foot, only in German it’s the knee.

With the highest energy prices in Europe (in the world?), what choice does German industry have but move? Go Greens.

German auto industry in ‘crisis’ as investments, jobs move abroad, lobby says – Germany’s standing as an automotive industrial hub risks being hollowed out as investments and jobs drift abroad, an industry association warned on Tuesday, calling on Berlin and Brussels to focus on measures that spur growth.

“Germany is experiencing a huge crisis as a business location,” VDA President Hildegard Mueller said.

A VDA survey of small- and medium-sized German enterprises across the auto supply chain, presented by Mueller on Tuesday, showed that 72% of companies plan to dial back their investments in Germany, either by moving them abroad (28%), postponing them (25%) or cancelling them completely (19%).

The next 20,000 jobs gone

January 31, 2026 By in Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking Tags: , , , , , , , , Leave a comment

Could it be our ridiculously high energy costs? Nah.

Germany’s industrial engine sputters as Bosch axes 20,000 jobs – Rising unemployment rate piles pressure on Chancellor Friedrich Merz’s government.

German industrial giant Bosch on Friday confirmed plans to cut 20,000 jobs after profits nearly halved last year, underlining the mounting strain on Germany’s once-dominant manufacturing sector and increasing the pressure on politicians in Berlin to find a solution.

Official data released Friday also showed Germany’s unemployment rate, unadjusted for seasonal factors, rising to 6.6 percent — the highest level in twelve years. The number of unemployed people surpassed three million in January.

There’s “critical”

January 7, 2026 By in Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking Tags: , , , , , , , Leave a comment

Then there’s “very critical.”

Then there’s Germany critical.

Merz issues business SOS in letter to allies – Chancellor Merz has told coalition politicians the situation in several key German businesses is “very critical.” He said the government must prioritize improving areas like energy and labor costs in 2026.

German of the day: Stellenabbau

December 29, 2025 By in Hard Facts, Heconomy, Helplessness, Home Cooking Tags: , , , , , , Leave a comment

That means job cuts.

German business groups expect job cuts in 2026 as economic crisis drags on – A majority of German business associations expect job cuts in 2026 as the country’s economic crisis persists, with industry hit hardest by global protectionism and weak exports, a survey by the German Economic Institute IW showed on Monday.

Of 46 business associations surveyed, 22 anticipate workforce reductions next year. Only nine expect to increase hiring and 15 foresee stable employment levels.

German of the day: Insolvenz

December 19, 2025 By in Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking Tags: , , , , , , Leave a comment

That means bankruptcy.

German business bankruptcies hit decade high amid downturn – Business bankruptcies have climbed to an 11-year high, with small firms hardest hit by Germany’s anemic growth. Economists warn of job losses but see tentative signs that the insolvency wave may be leveling off.

Don’t worry, in other words. Once everybody has gone bankrupt the bankruptcies will stop.

There’s always a first time

December 17, 2025 By in Hard Facts, Home Cooking, Hurt Feelings Tags: , , , , , , Leave a comment

Then a second, then a third…

Volkswagen shutters a German plant for first time ever as Trump tariffs squeeze car giant – Volkswagen is ending vehicle production at its Dresden factory — the first time in the automaker’s 88-year history that it has closed a plant in its home country — as weakening demand and punishing US tariffs squeeze the German car giant.

The last vehicle rolled off the line Tuesday at the Dresden site, known as the “Transparent Factory” because of its glass-walled design, capping 24 years of production that began in 2001.

Because Germans are making cars that nobody wants to buy…

December 16, 2025 By in Hard Facts, Helplessness, Hideology, Home Cooking Tags: , , , , , , Leave a comment

And voluntarily killing their number one industry in the process.

That’s why.

Why Germany’s auto capitals face financial crisis – The crisis in Germany’s revered car industry is taking a toll on its wealthiest regions — and hitting the pocketbooks of residents.

“Learn to code?”

December 8, 2025 By in Hard Facts, Heconomy, Home Cooking Tags: , , , , , , , , Leave a comment

Forget that one, right? Get a job with a German armaments firm instead.

That’s the only industry booming over here at the moment.

German Shipbuilder TKMS Reports Rise in Sales, Earnings Fueled by Europe’s Defense Spending – Results are first since spinning off from Thyssenkrupp and its Frankfurt IPO.

German of the day: Freier Fall

December 4, 2025 By in Hard Facts, Helplessness, Hideology, Home Cooking Tags: , , , , Leave a comment

That means free fall.

The Federation of German Industries (BDI) believes that Germany’s economy is in “free fall.” German industry is currently facing a dramatic low point, BDI President Peter Leibinger told the news agency dpa. “The economy is in its worst crisis since the Federal Republic was founded, but the federal government is not responding decisively enough.”

A new industry report expects industrial production to decline by two percent this year. This would be the fourth consecutive year of decline. “This is not a temporary dip, but a structural decline,” Leibinger said. German industry is continuously losing ground.