AGP Executive Report
Last update: 5 hours agoAutomotive Job Cuts: Schaeffler will cut 3,460 jobs and close five European sites by 2028, with about three-quarters of the losses in Germany. The cuts underline mounting pressure on the country’s car industry. Pay and Job Security: German unions are preparing strikes at more than 2,000 workplaces as workers press for better pay and stronger job security amid rising living costs. Skills and Hiring: Germany is opening a route for skilled South Africans to seek work without a job offer, while reports point to more than 100,000 openings for IT professionals.
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