The country’s industrial sector is losing around 15,000 jobs every month, according to manufacturing association BDI
Germany is rapidly losing industrial jobs and competitiveness, Federation of German Industries (BDI) chief Tanja Goenner has warned, describing the situation as “critical.”
The BDI, Germany’s main industry association, represents around 39 industrial groups and more than 100,000 companies employing over 8 million people, making it the voice of Germany’s industrial core.
In an interview with the news agency dpa released on Saturday, Goenner said Germany’s industrial sector is losing around 15,000 jobs every month, blaming structural weaknesses and external geopolitical pressures.
“The situation in industry is critical,” she said, adding that “Germany has lost ground in terms of competitiveness” as a business and manufacturing hub.
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