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German industry is looking for salvation abroad

November, 02 2024

A study conducted in September 2024 among the top managers of 115 industrial companies in Germany revealed alarming trends. Almost half of the respondents (45%) plan to expand abroad. And only a few companies (13%) are interested in new branches within the country. Moreover, 29% of enterprises reported readiness to transfer jobs from Germany, and only a tiny part (4%) is considering the reverse process of returning immigrated employees.The results of the study confirm the fears of managers ... Read More

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