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Home Czech Republic

Germany’s economic crisis is weighing on Central Europe

February 13, 2025
in Czech Republic
Germany’s economic crisis is weighing on Central Europe
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It’s almost the end of the road for the three friends. After ten, 15 and 26 years respectively working in a car seat factory, their routine as they leave the building is familiar: A quick cigarette break in front of the guard’s hut, lowering their voices when the boss stands behind them, sharing the car to go home… In a few months, all this will come to an end.

The Adient plant, the American group that hires them, will close definitively “at the end of May,” according to management, “in the third quarter,” according to the company. “They tell us we cost too much,” one of the employees said, bitterly. She earns only 25,000 Czech Koruna a month (€1,000).

A total of 410 jobs will be cut. A major blow for Ceska Lipa, a small town of 37,000 in the north of the Czech Republic, close to the German and Polish borders. They’re not the only ones. Another nearby plant, also specializing in car interior parts, just cut 400 jobs. “It’s starting to look like a crisis,” said Jitka Volfova, the town’s mayor, in her huge office. Adient is also closing a second plant 25 kilometers away, cutting a further 690 jobs.

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Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67ad72f765d445478a8dd41b76678828&url=https%3A%2F%2Fwww.lemonde.fr%2Fen%2Feconomy%2Farticle%2F2025%2F02%2F13%2Fgermany-s-economic-crisis-is-weighing-on-central-europe_6738102_19.html&c=8144753144376859952&mkt=de-de

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Publish date : 2025-02-12 19:00:00

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