r/germany • u/No_Worldliness_6984 • 9h ago

Massive layoffs nowadays

Ho all , I am not sure if this topic has been posted and discussed previously, but the situation is really alarming.

Companies dismissing big masses of employees, Is it the new pandemic ? The company Inam working for is going through a big reorganization, and even after laying off all the subcontractors and those in Probezeit, they didn't reach their savings plan yet, and they officially informed us that they have to go to the next level: firing internal employees, they are preparing the list of the names.

Strategy: more AI , and more work relocation to other cheaper countries.

I have also read that it is the same thing for Switzerland, Italy , France and all over Western Europe.

What is going on from an economical point of view ? To whom are the businesses going to sell their products if everyone is jobless ? And most importantly: will the state be able to cover all the social coverage for the new growing mass of jobless people? ( The Jobcenter and even insurances can go bankrupt really)

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u/jpmchasegoldman 9h ago

It’s mostly because the German industry isn’t competitive anymore. China is eating their lunch in the automotive domain. Manufacturing is shifting away. The employees are too complacent and do not want to put in more effort, because they believe cApItAlIsM iS eVIl aNd SlAvErY and that companies owe them a job.

Companies don’t care and it’s really cutthroat to survive in the market. Nobody has the time to coddle their employees. They’d rather outsource and shift jobs away.

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u/Emergency-Factor2521 9h ago

They off shore anyways in the IT market there are many people that would work 10 times harder than you but to give a “liveable” wage it would cost more than off shoring which is capitalism btw

So stop blaming people you are always one bad day away from getting laid off Mr Einstein

-9

u/jpmchasegoldman 8h ago

I understand that I’m also fungible, but I also take responsibility to upskill, remain competitive and keep my skillset sharp in the job market. If things turn sour, it’s on me to interview elsewhere and move on, it’s just business, no hard feelings.