The German employers’ association for the metal and electrical industry “Gesamtmetall” has forecast the loss of up to 150,000 jobs this year amid what it described as a severe industrial downturn. CEO Oliver Zander stated: “We are in the midst of an industrial decline, and the outlook is extremely bleak. The situation is truly dramatic.”
Sources – Agencies
The German employers’ association for the metal and electrical industry “Gesamtmetall” has forecast the loss of up to 150,000 jobs this year amid what it described as a severe industrial downturn. CEO Oliver Zander stated: “We are in the midst of an industrial decline, and the outlook is extremely bleak. The situation is truly dramatic.”
Sources – Agencies
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