AGP Executive Report
Last update: 9 hours agoInsurance Cuts: Generali plans to eliminate about 800 jobs in Germany by 2030 as it restructures around AI, and will close three offices. Volkswagen Dispute: Workers are threatening strikes from January 2027 amid a labour dispute, while the company seeks a global pay freeze through 2030 as job cuts loom. Industry Pressure: German industry has lost nearly 500,000 jobs since 2019, according to the Ifo Institute, even as the country faces a shortage of about 148,000 skilled workers. Voluntary Exits: BMW is offering some employees up to €650,000 to leave, underscoring how automakers are managing workforce reductions.
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