Hesse's industry in crisis mode: 4,300 jobs lost and drop in sales!

Hesse's industry in crisis mode: 4,300 jobs lost and drop in sales!

The metal and electrical industry in Hesse is in a precarious location. The past year brought sales of around 6 billion euros, which means a decrease from 9 percent to 66 billion euros, such as frankfurt.t-online.de reported. The persistent investment weakness in Germany and high energy costs are decisive factors for this negative development. The effects are serious: Almost 4,300 jobs are affected, as the Hessenmetall association reports.

Wolf Matthias Mang, the chairman of Hessenmetall, emphasizes that existing competition problems continue to put a heavy burden on the companies. It is particularly noteworthy that demand in the industry has dropped significantly. Without an increase in armaments goods, this decline in the orders would have been even more painful. In addition, orders that have already been placed are often no longer accessed, which also threatens the job situation.

long -term trends and current employment figures

The situation is not new: since 2018 the Hessian industry has lost more than 21,000 jobs in larger companies. Around 198,000 people are currently employed in companies with at least 50 employees. This has been the lowest status since 2010, such as FAZ.net and hessenmetall.de . A worrying trend is that the number of employees has dropped by 1.2 percent compared to the previous year since July 2024, which means more than 2,500 lost places.

claims to politics

The challenges for the metal and electrical industry in Hesse are both acute and structural. In order to stabilize the industry, comprehensive reforms and investments are essential.