AGP Executive Report
Last update: 9 hours agoAutomotive Restructuring: Mercedes-Benz will restart voluntary redundancies in Germany in December as it seeks further cost cuts, with no target announced. Volkswagen plans to cut 12,000 jobs in Germany by 2030, adding to mounting pressure on the sector. Industry Jobs: BASF raised its 2026 profit outlook, but is still restructuring and cutting thousands of jobs at its Ludwigshafen headquarters. Generali Germany also plans to eliminate about 800 roles by 2030 in an AI-led overhaul. Pay and Workplace Tensions: German metalworkers have rejected employers’ first pay offer and warned of strikes, while a new study finds that full-time work pays off in Germany.
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