German FAZ: Where the anniversary bonus is canceled008161

Germans are loyal employees, at least when it comes to length of service. Although people are changing employers more frequently than a few years ago, more than 40 percent of all employees have still been with the same company for more than ten years. This is shown by figures from the Federal Statistical Office. Anyone… Continue reading German FAZ: Where the anniversary bonus is canceled008161

German FAZ: No German car of the year 008160

The Car of the Year award has been presented since 1964, known in Germany as “Car of the Year”. There will also be one in 2025. And for the second time since 2022, this is again a slap in the face for German industry. The most coveted prize in the automotive industry is awarded by… Continue reading German FAZ: No German car of the year 008160

German Manager Magazine: General Motors: GM is cutting almost 1,000 jobs worldwide003743

The US car manufacturer General Motors lays off almost 1,000 employees worldwide. Most positions will be in the USA will be eliminated, a person familiar with the process said on Friday. The company confirmed job cuts. In order to survive in the intensely competitive market, the group has to become faster. As part of this… Continue reading German Manager Magazine: General Motors: GM is cutting almost 1,000 jobs worldwide003743

German Manager Magazine: Auto industry: Job advertisements collapse by almost 30 percent003743

The crisis in the German auto industry is also reflected in the job market. The number of job offers from companies in the automotive sector has recently fallen significantly. According to an analysis by Index Research, around 88,100 positions were advertised nationwide between January and October 2024. This corresponds to a drop of 28 percent… Continue reading German Manager Magazine: Auto industry: Job advertisements collapse by almost 30 percent003743

German Manager Magazine: Daimler Truck: Rebuild, dismantle, build up – the plans of the new boss Karin Rådström003742

It was just seven days ago that Karin Rådström presented the quarterly figures for the first time as CEO. The results for the past three months were by no means sparkling. At 13.1 billion euros, consolidated sales are slightly below the previous year’s level (previous year 13.9 billion), as is the adjusted consolidated profit at… Continue reading German Manager Magazine: Daimler Truck: Rebuild, dismantle, build up – the plans of the new boss Karin Rådström003742