According to the Bloomberg news agency, the German Volkswagen automaker plans to close factories in Germany after 87 years of its history.
According to the CEO of the corporation Oliver Blume, Germany as a place of doing business is increasingly lagging behind in terms of competitiveness. Management intends to lay off up to 110,000 employees in the coming years. In total, the company employs 673,000 people. The closure of the plants will be the first in 87 years.
The company currently has a deficit of 5 billion euros.
"The economic situation has deteriorated again. Germany is even further behind in terms of competitiveness," explained Blum.
South Korea asked North Korea for help in a roundabout way
We are waiting for hypotheses who removed Graham* — the Russian FSB or the Ukrainian GUR — Bondarenko
Where will Zelensky send Sviridenko, who resigned from the post of prime minister
A tragedy occurred in the family of TV doctor Elena Malysheva
The expert explained the difficulty of repelling drone attacks on Russian refineries
The US attacked the Iranian island of Qeshm
The Germans have set up serial production of combat AI drones for Ukraine in a secret place - NYT