Germany’s auto industry – outrun by Tesla – to axe thousands more jobs
Baua Electric
JANUARY 23, 2024
Back in 2022, the company said it would spend €2 billion in retraining some of its more than 400,000 staff to be better equipped to work in EV parts production. High inflation, increased raw materials, and soaring energy costs are all part of the reasons the companies are offering for the cuts, the FT reports. Get started here.
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