Europe’s automotive sector is facing sweeping changes, marked by mass layoffs and factory closures, with Germany’s top automakers—Volkswagen AG, BMW, and Mercedes-Benz—feeling the greatest impact. As labor unions protest, fearing a jobless wave, the situation reveals a broader labor shortfall in Germany, particularly in the booming semiconductor sector, where former auto workers are snapped up even before formally entering the job market.
Germany’s automotive cuts feed semiconductor talent race
15
Nov