In Germany, at 88 enterprises, as Bild writes, almost 150 thousand jobs are expected to be cut.
“A total of 147,522 jobs are expected to be cut at 88 companies,” the publication said, citing research results by employer organization Neue Soziale Marktwirtschaft (INSM).
The INSM list includes many different companies: from small engineering companies to large corporations, IT companies, airlines, etc. Thus, Deutsche Bahn alone plans to cut 30 thousand jobs, and the auto parts supplier ZF – 14 thousand, as stated in the document.
INSM head Thorsten Alsleben told Bild that the planned large-scale job cuts clearly reflect the economic policy failures of both the country's current and previous governments.
