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Concerns of German Prime Minister Michael Kretschmer over Company Migration

SAxis Prime Minister Michael Kretschmer has expressed concern about companies migrating. “Everything that now migrates abroad will be there for 10 or 20 years and will not come back,” said the CDU politician in an interview with the “Freie Presse” (Saturday). If a significant part of the industry collapses, the rest could collapse like a house of cards.

Last week, Kretschmer had already expressed concern about the threat of job cuts at the Volkswagen site in Zwickau. The automobile company wants to cut jobs due to weak demand for its electric cars and not extend almost 270 employee contracts that are about to expire. The topic caused a stir in the past few days when Kretschmer announced the job cuts before the official announcement at a regional CDU conference in Riesa.

In addition, the Prime Minister was initially skeptical as to whether society had relied too much on a boom in electromobility.

Almost a week later, Kretschmer rowed back slightly. In an interview with the “Freie Presse” he says: “Zwickau, as the flagship of electromobility, is a huge advantage: the latest technologies are developed and manufactured here.” This makes the location future-proof. «The colleagues at Volkswagen are unsettled. There will be fewer shifts and therefore fewer people working there.” But things will also look up again.

2023-09-23 18:01:53
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