Manufacturing industry German industry cuts 101,000 jobs within a year

SDA

7.6.2025 - 05:15

The crisis in German industry has long since sparked a debate about Germany as a business location. (archive picture)
The crisis in German industry has long since sparked a debate about Germany as a business location. (archive picture)
Keystone

The ongoing economic crisis has cost German industry more than 100,000 jobs in the space of a year. The automotive sector has been hit the hardest, as an analysis by the auditing and consulting firm EY shows.

Keystone-SDA

Around 45,400 net jobs were lost in this sector alone, according to the analysis, which was made available to the German news agency DPA.

At the end of the first quarter, German industry employed 5.46 million people - 1.8 percent or 101,000 fewer than a year earlier, according to the study, which is based on data from the Federal Statistical Office of Germany. Since the pre-coronavirus year of 2019, the number of employees has fallen by 217,000. 2018 had still set a record with around 5.7 million industrial employees.

An end to the job cuts is not yet in sight, says Jan Brorhilker, Managing Partner at EY. He expects at least 70,000 more industrial jobs to be lost by the end of the year.