Companies in the southwest of the state are planning massive cost-cutting measures

As of: March 9, 2024, 9:37 a.m

By: Julian Baumann

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One in four industrial companies in Saarland are planning massive cost-cutting measures due to the current situation.

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The economic situation in Saarland is getting worse.

Companies are struggling with increasing risks and a declining willingness to invest.

Saarbrücken - The economy in Saarland is facing major challenges.

A current survey by the Chamber of Commerce and Industry (IHK) shows that many companies are faced with significant business risks.

The criticism is primarily directed at the economic policy framework and the high level of bureaucracy.

Companies are also concerned about the shortage of skilled workers and high energy costs.

The willingness to hire new staff is dwindling, but that is not the most worrying measure.

At

you can read what many companies from Saarland are planning due to the current situation and why this is causing the IHK great concern.

A survey by the Südwestmetall association last year showed that many companies in Baden-Württemberg are also planning with fewer staff and lower investments.

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.