Jobs
A Third of German Firms Plan Job Cuts in 2025, Think Tank Says
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Pessimism about the prospects for Germany’s economy is pushing one in three companies to consider job cuts this year, according to the German Economic Institute.
The think tank, which surveyed more than 2,000 companies in March and April, said that even though business owners are less gloomy about the state of Europe’s biggest economy than at the end of last year, the outlook for 2025 remains bleak, according to a release on Friday.