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Gesamtmetall Warns of Up to 150,000 Job Cuts in Germany’s Metal and Electrical Sector This Year

The employers’ group blames high energy and tax costs, rising social charges and heavy bureaucracy for a deep two‑year downturn.

Overview

  • Chief executive Oliver Zander calls the situation the industry’s worst since the founding of the Federal Republic and says deindustrialization is underway.
  • The sector has shed about 270,000 jobs since 2018, with total employment dropping below 3.8 million last month for the first time since 2015.
  • Automotive and machinery have suffered heavy declines, and electrical manufacturing has now weakened after earlier resilience.
  • Large defense contracts boosted headline orders late last year, yet Gesamtmetall says the order book remains weak once those one‑offs are excluded.
  • Zander urges structural reforms including a higher retirement age, leaner administration and flexibility on working hours, while criticizing recent minimum‑wage increases.