German car industry sheds 51,500 jobs in a year
The dip equates to almost 7% of the total workforce in the German auto sector. Faltering exports to China and the US play a role, as new tariffs raise barriers to entry in both these core markets.
The phenomenon also appears to be accelerating: Since 2019, before the COVID-19 pandemic, roughly 112,000 carmaking jobs have been lost in Germany — almost half of them in the past 12 months.
https://www.dw.com/en/german-car-industry-sheds-51500-jobs-in-a-year/a-73768859
I feel soooooooo bad for Germany and the Germans.
NOT