Economic crisis 2025: SMEs and jobs in acute danger!

Economic crisis 2025: SMEs and jobs in acute danger!
In Germany, worrying economic developments are emerging for 2025. According to current information, 80% of medium -sized companies are afraid that the German economy will shrink. In addition, 58% of those surveyed expect an economic downturn, while 20% even expect economic depression over the next 12 months. 62% of companies share the concern for the ability to fill free training positions.
particularly serious cuts in the employment sector are also foreseeable. Commerzbank is faced with the possible takeover by UniCredit, which, according to works council chief Uwe Tchage, could lead to a job reduction of around 15,000 jobs. TCHAZEN expressed the desire that Commerzbank remains independent and compared the internal feeling of togetherness with the situation during the financial crisis 2008.
bankruptcy and job cuts in medium -sized companies
In another worrying development, the traditional piano construction company Grotrian-Steinweg from Braunschweig has filed for bankruptcy and plans to relieve all 31 employees. Insolvency processing has become necessary because the offers to satisfy the creditors were insufficient.
Another prominent example of the financial difficulties of German companies is Zoo Zajac, the largest pet shop in the world. The company has submitted an application for provisional bankruptcy due to a financial crisis caused by rising prices for purchasing goods and transport as well as high energy costs. The business continues to run and the employees receive bankruptcy money.
In addition, Manz AG, a mechanical engineer with 800 employees, announced the registration of bankruptcy after the funds from lenders failed to materialize. Job cuts are also inevitable in the Bavarian metal and electrical industry; By the end of the year alone, 11,000 jobs will be dismantled with a further 20,000 in the next 12 months.
The Lindner hotels have also filed for bankruptcy, and 13 locations and 850 employees are affected. For this purpose, high rental, energy and material costs as well as long-running lease contracts were mentioned as causes. The car supplier Brose also plans to dismantle 700 jobs, as weak load and a drop in sales lead to an expected loss of 53 million euros for 2024 In summary, it can be seen that the current economic situation in Germany is an immense challenge for many companies, especially in the middle class. The shortage of skilled workers and the increasing competitive pressure are at the forefront of how the results of a survey for the “Zukunftspanel SME 2024” show. Smaller companies in the manufacturing trade and trade in particular are increasingly faced with the consequences of demographic development.
The by FOCUS.de and ifm bonn information published illustrate the serious location in which many companies are currently located.
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