German industry losing 15,000 jobs monthly, BDI chief warns
German industry is shedding roughly 15,000 jobs per month, but BDI chief Tanja Gönner believes innovation can reverse the critical trend.
The industrial sector in Germany is hemorrhaging approximately 15,000 jobs every month, according to Tanja Gönner, managing director of the Federation of German Industries (BDI).
Gönner described the situation facing German manufacturing as critical, highlighting ongoing structural challenges across the sector. Despite the steady decline in employment, she maintained an optimistic outlook regarding potential recovery. The BDI chief emphasized that German businesses continue to prioritize innovation and expressed confidence that targeted reforms and economic effort could reverse the negative trend and restore competitiveness.
Sources: Investor.bg