Loans and cell phone deals and cell phone sales are always the best decision. You may have very little debt.
2024-10-05 23:07:34
#financial
The difficult economic situation in Germany is forcing many large corporations to lay off their employees. Picture Alliance / Graphics: Dominik Schmitt
- German companies such as Continental, Miele and Bosch are cutting thousands of jobs.
- The job cuts mainly affect development, production and administration – but also some even management.
- The measures are responses to inflation, high energy costs and weak demand in the economy.
The German economy is weakening – and the consequences are bitter for many employees. Inflation, high energy costs and sluggish demand are affecting large corporations. The result: thousands of layoffs in Germany. Because: Companies have to save to avoid ending up in the red.
For many in Germany this means: jobs will be lost, locations will be closed and the workforce will be drastically reduced. But who has already made the red pencil this year? Here is an overview of the biggest job cuts.
Coca-Cola: Production and logistics are being reduced
Coca-Cola announced at the beginning of October that it would close five production and logistics locations in Germany next year. The locations affected are Cologne, Neumünster, Berlin-Hohenschönhausen, Bielefeld and Memmingen. A total of 505 jobs will be cut, 207 jobs will be relocated to other locations and 78 new jobs will be created.
Coca-Cola will cut more than 500 jobs in Germany. Getty Images
Miele: washing machines to Poland, goodbye to jobs
Miele plans to cut around 1,300 jobs in Germany by 2028. The Gütersloh site is particularly affected, where 700 jobs in washing machine production will be relocated to Poland. The job cuts are part of a future contract that the company agreed with the IG Metall union.
More than a thousand jobs at Miele are to be cut by 2028. Picture Alliance
Bosch: The silent farewell to 3,500 jobs
Bosch has announced that it will cut around 3,500 jobs in the indirect sector by 2027. These layoffs primarily affect administrative positions. In 2024, 450 jobs are expected to be eliminated in Germany. Bosch relies on socially acceptable solutions and wants to avoid redundancies for operational reasons wherever possible.
The company has announced that 3,500 jobs will be cut by 2027. Picture Alliance
Thyssenkrupp Steel: The end in Bremen?
The company wants to cut 420 of 550 jobs at Thyssenkrupp’s Bremen-Farge site. Many jobs are affected, particularly in production. The IG Metall union sharply criticizes the measures and speaks of the “end of the location”.
The subsidiary Thyssenkrupp Steel is to cut up to 550 jobs. Picture Alliance
SAP: Restructuring on the backs of employees
The software company SAP has announced that it will cut up to 10,000 jobs as part of a restructuring. The original plan was to cut 8,000 jobs, but the measures were expanded. At the same time, SAP is investing in new positions in the area of artificial intelligence.
10,000 employees at SAP are at risk of being laid off. Picture Alliance
Tesla: Grünheide saves 400 jobs
Tesla plans to cut around 400 permanent jobs at the Grünheide plant near Berlin. It had previously been announced that 300 temporary workers would be cut. The job cuts are being made to respond to sales problems and the total number of employees will fall to approximately 11,800.
Just two years after the factory was built in Grünheide, it was announced that 400 jobs would be cut. Picture Alliance
VW: The end of the job guarantee
Volkswagen announced in September that it would end its long-standing job guarantee. This means that operational dismissals will be possible from July 2025. Volkswagen also announced the takeover of trainees and regulations on temporary work. A total of 30,000 layoffs are at risk.
VW has faced weaker sales in recent years as demand weakens in the Chinese market, while prioritization of electric cars has progressed more slowly than expected.
Redundancies at VW for operational reasons are likely to be possible next year. picture alliance / SULUPRESS.DE | Torsten Sukrow / SULUPRESS.DE
Henkel: 2,000 jobs already cut
Henkel is continuing its extensive job cuts this year, which is part of a larger restructuring program. The company had already announced in the first phase that it would cut around 2,000 jobs worldwide by the end of 2023.
The conversion is now moving into the second phase, in which the areas of production, purchasing, logistics and storage are being optimized. This could lead to further job losses.
Last year, Henkel announced that it wanted to cut 2,000 jobs. Picture Alliance
Vodafone: Savings lead to layoffs
Vodafone Germany announced in March that it would cut 2,000 jobs as part of a new austerity program. The goal is to save around 400 million euros over the next two years. The job cuts affect around 13 percent of the total 15,000 employees in Germany. Vodafone also wants to reduce material and operating costs.
The job cuts will be carried out in a socially acceptable manner, and new employees will be hired in some growth areas. Getty Images
Bayer: Leverkusen is being thinned out
The Bayer Group in Leverkusen has already cut 3,200 jobs worldwide since the beginning of 2024, including 2,500 in management. These job cuts are part of a larger restructuring plan under new CEO Bill Anderson, who wants to make the company hierarchy leaner and work processes more efficient. Bayer aims to save 500 million euros by the end of the year and a total of two billion euros by 2026.
The reduction of management positions is expected to continue at a rapid pace, although the exact number of positions affected in Germany has not been disclosed. Getty Images
Evonik: Group cuts management positions
Due to the crisis in the chemical industry, Evonik is planning to cut around 2,000 jobs, including around 1,500 in Germany. The group wants to become leaner and more efficient.
Evonik wants to cut several positions and reduce hierarchy levels, especially in management. The aim is to reduce costs by around 400 million euros.
In 2023, the group recorded a significant decline in sales and profits, and only slight growth is expected for 2024. Picture Alliance
ZF Friedrichshafen: Thousands of job cuts
ZF Friedrichshafen plans to cut up to 18,000 jobs by 2030. By 2028, 10,000 jobs will be lost. The company is responding to the need to reduce costs and remain competitive.
ZF Friedrichshafen plans to cut 18,000 jobs by 2030. Picture Alliance
| Tobias Seifried
|
19.08.2024
The rating agency examined the attractiveness of 679 domestic companies and shows in the large ranking which companies enjoy a particularly good reputation among the population.
This year, ServiceValue has once again conducted an Austria-wide survey to find out which companies enjoy a particularly good reputation as employers among the population. Specifically, the agency evaluated 679 companies in the study “Austria’s Best Employers 2024” based on more than 200,000 customer reviews (see info box). A minimum requirement for all employers and at the same time their duty is to ensure the safety and health of employees in relation to all work-related aspects. However, only employers who go beyond this and score points with other criteria are really attractive.
Top 25
The 25 best employers in 2024 all received a rating of “very high attractiveness” and achieved an average of 2.42 to 2.55. Manner landed at the top of the podium, followed by Stiehl and Stiegl. From the respondents’ point of view, these companies currently have the highest attractiveness as employers. Last year, the ÖAMTC was still ahead.
- Manner | 2,42
- Stihl | 2,43
- Stiegl | 2,44
- Miele | 2,45
- ÖAMTC Travel | 2.46
- voestalpine | 2,48
- Rauch fruit juices | 2.48
- bosch | 2.49
- Hofer | 2,50
- Rosenbauer | 2.50
- Red Bull | 2,51
- Berglandmilch | 2,51
- Siemens | 2,52
- First Bank Savings Bank | 2.52
- KTM AG | 2,53
- Microsoft Austria | 2.53
- Bosch | 2,53
- Boehringer Ingelheim | 2,54
- Plansee Group | 2,54
- Roche | 2,54
- Habau Group | 2,54
- Wine & Co | 2.54
- Hilti & Jehle | 2.54
- EVVA | 2.54
- Infineon | 2,55
Employee retention is becoming increasingly important
“Hardly any employee is now employed by one and the same company from training to retirement,” comments Claus Dethloff, Managing Director of ServiceValue GmbH, adding, “with a growing willingness and motivation among employees to change jobs, it is becoming even more important for employers to devote even more energy to employee retention and to make career paths even more attractive for potential new applicants.”
You can find the entire ranking “Austria’s Best Employers 2024” here.
methodology
The study consists of surveys via online panels. Citizens are asked to rate companies with which they themselves or people they know are in direct contact in terms of their quality as employers. Specifically, the question is: “How do you rate [Unternehmen X] the image or attractiveness as an employer?”
Based on the respondents’ opinions, an unweighted average is calculated for each company using a five-point response scale, which then determines the company’s position in the ranking. Companies with above-average scores receive the “high employer attractiveness” award. Companies that also perform above average within this group receive the “very high employer attractiveness” award. The survey is carried out without the participation of the companies being evaluated.
Companies with above-average scores receive the “high attractiveness” award. Companies that also perform above average within this group receive the “very high attractiveness” award. The survey is carried out without the participation of the companies being assessed.
(openPR) In an expedited procedure before the Hamburg Regional Court, Jan Meyer of SterneAdvo once again won against Kununu, a portal for employer ratings.
Hamburg, August 7, 2024 – On August 2, 2024, there was another exciting twist in the Kununu case before the Hamburg Regional Court. Kununu, Germany’s largest portal for employer reviews, was ordered by emergency order to delete an illegal review.
Alternatively, Kununu would have had to reveal the name of the person who submitted the illegal review. Otherwise, Kununu would face a fine of up to 250,000 euros or imprisonment of up to 6 months. (Ref.: 324 O 305/24)
Previously, there was some confusion about the requirement to use real names. In February 2024, the Hamburg Higher Regional Court issued a ruling requiring Kununu to use real names if a review is unlawful and the portal wants to continue publishing it. (Ref.: 7 W 11/24)
Confusion arose when, in April 2024, the regional court contradicted the higher regional court, upheld Kununu’s objection and lifted the requirement to use real names in the case. (Ref.: 7 W 11/24)
Now the same regional court has ruled in favour of the plaintiff company in another expedited procedure with a reasoned decision. The regional court has thus agreed with the legal opinion of the higher regional court and essentially gone against its own decision from April.
The court declared that Kununu was liable for the review because the portal had not fulfilled its duty to check. Kununu could not prove that the review was based on a real business contact.
For more information or a free initial consultation visit the page
The union was specifically referring to Trump, who had said to Musk during the conversation: “If they go on strike, you say: That’s OK, then you’re all gone. You’re all gone. Every one of you is gone.” Musk reacted with laughter. Employees at Tesla, the electric car manufacturer he runs, are not unionized in the USA because the man who is currently the wealthiest person in the world according to Forbes, considers this to be decidedly unnecessary.
“Both Trump and Musk want working-class people to sit down and shut up, and they’re openly laughing about it,” commented UAW President Shawn Fain. “It’s disgusting, illegal, and completely predictable from these two clowns.” UAW says it represents more than 400,000 active workers in the United States, Canada, and Puerto Rico – primarily from the auto industry. Politically, the union traditionally supports Democrats. At the end of July, it backed the party’s presidential candidate, Kamala Harris.
In the USA, the right to strike is protected at the federal level – it is illegal to fire or intimidate employees who threaten to strike. The National Labor Relations Board decides whether to investigate the UAW complaint. The federal agency is responsible for compliance with labor law in the USA. If it opens an investigation and comes to the conclusion that a violation has actually occurred, penalties can be imposed.
The parents of the young students found themselves in a deadlock because of the decision to study online from tomorrow. The order of the Ministry of Education and Culture was issued late on Friday, and most mothers had no opportunity to organize their holidays since the beginning of the week. Moreover, most did not even understand that after the official announcement from the Regional Headquarters in Plovdiv there was a change and instead of Tuesday, online training starts on Monday.
On the first day of work, employers are faced with an avalanche of applications for forced rest. The good thing is that this happens at the beginning of the year and employees have all their paid vacation.
First graders have no idea how online school will work. In the first days, there must be an adult next to them to include them in the virtual room, to tell them that recess is over and the class has started, or to remind them to turn off their microphones when the lady is not asking them a question. This whole organization cannot be entrusted to grandparents, since they themselves are unlikely to know how to raise a hand to participate in Classroom.
“I personally will have to use days of paid annual leave for the week in which the online training will take place. I have two children – in first and seventh grade. And while the father has already gone through this path, it will be a real test for the little one,” says the mother. In their household over the weekend, several options were played out as to where the two students and their electronic devices would be placed in the rooms.
“In our school, the learning process is organized differently for the elementary and junior high school courses. In the first grade, classes start 30 minutes later than usual, that is, at 9 o’clock. There is no change for the seventh grader, the start is at 8 o’clock. On the other hand, the lessons are 30 minutes each, and the breaks are 20 minutes each. The big break is equal to one lesson,” says the parent of two students. The breaks for both of them fall in different pockets, that is, the living room, where it is located, and the kitchenette must always be free if one of the students feels like something to eat.
2024-01-28 12:15:00
#online #learning #avalanche #requests #leave #waiting #s..