Layoffs on a broad scale
Posted: Sun Jan 05, 2025 7:50 am
The economic situation in Germany has led to an increase in layoffs in various sectors in recent months. A number of companies have announced job cuts in order to reduce costs and cope with the consequences of the corona pandemic. The companies affected include, for example, the fashion retailers H&M and Zara. H&M expects to cut 1,500 jobs, Zara 1,000. In the case of Peek & Cloppenburg, bankruptcy was even filed this month.
The automotive industry is also affected. Opel wants to cut 2,100 jobs. The nursing homes email list automobile group Audi expects 9,500 jobs by 2025. The online retailer Otto expects 700 jobs to be cut. The optician chain Fielmann does not give an exact number, but it is probably in the hundreds.
Layoffs also in IT
In recent years, the IT industry has established itself as one of the fastest-growing sectors in the world, with companies such as Apple, Tesla, and Amazon experiencing tremendous growth in this space. For example, Apple has increased its revenue by almost double from 2015 to 2022, and its stock price has increased from $30.48 to $173.16. Tesla has experienced an even greater rise during this period, with its stock price increasing from $17.50 to $353.60 and revenue growth increasing fivefold. Amazon has also shown impressive numbers, with its stock price increasing from $32.10 to $153.37 and revenue growth of more than 200% over the past seven years. It's no wonder that the IT industry is considered one of the leading sectors of the economy.
The automotive industry is also affected. Opel wants to cut 2,100 jobs. The nursing homes email list automobile group Audi expects 9,500 jobs by 2025. The online retailer Otto expects 700 jobs to be cut. The optician chain Fielmann does not give an exact number, but it is probably in the hundreds.
Layoffs also in IT
In recent years, the IT industry has established itself as one of the fastest-growing sectors in the world, with companies such as Apple, Tesla, and Amazon experiencing tremendous growth in this space. For example, Apple has increased its revenue by almost double from 2015 to 2022, and its stock price has increased from $30.48 to $173.16. Tesla has experienced an even greater rise during this period, with its stock price increasing from $17.50 to $353.60 and revenue growth increasing fivefold. Amazon has also shown impressive numbers, with its stock price increasing from $32.10 to $153.37 and revenue growth of more than 200% over the past seven years. It's no wonder that the IT industry is considered one of the leading sectors of the economy.