German mechanical engineering company reacts to difficult economic situation with short-time work

As of: February 7, 2024, 1:12 p.m

By: Julian Baumann

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A mechanical engineer from Baden-Württemberg is reacting to the economic situation with various measures.

© IMAGO/CTK Photo

A mechanical engineer from Baden-Württemberg is reacting to the current difficult economic situation with short-time work and other measures.

Stuttgart - The global economy is facing unprecedented challenges.

The energy crisis, persistent inflation and the effects of the wars in Ukraine and Israel are forcing companies in Baden-Württemberg to take drastic cost-cutting measures.

Mechanical engineers such as Trumpf and Groz-Beckert have already introduced short-time work, and other companies are following suit.

A global market leader from Baden-Württemberg introduced short-time work in October, but is planning further measures to combat consumer reluctance.

At

you can read about the specific measures the machine manufacturer from Baden-Württemberg is planning.

At the end of January, the mechanical engineering company Heidelberger Druckmaschinen also registered short-time work at its headquarters in Walldorf-Wiesloch, which was approved for three months.

The editor Julian Baumann wrote this article and then used an AI language model for optimization at his own discretion.

All information has been carefully checked.