Browsing Tag
Cuts
188 posts
Viessmann Urges Tax Cuts Boosts Local Investment
The CEO of Viessmann Group, Maximilian Viessmann, has issued a stark warning regarding potential shifts in German fiscal…
Spahn Urges No Welfare Cuts
The fragile coalition government in Germany faces renewed pressure as disagreements intensify over proposed reforms to the Bürgergeld,…
Heating Aid Cuts Spark Debate
The German government is embroiled in a contentious debate over the reform of the Building Energy Act (GEG),…
Green Leaders Slam Road Construction Environmental Cuts
The government’s recent infrastructure policy decisions are facing a blistering critique from within the Green Party, with former…
Klingbeil Urges Swift Budget Cuts
Preparations for the 2027 German federal budget are already in full swing, significantly ahead of the official launch…
Stocks Surge Fed Hints at Rate Cuts
The US stock markets experienced a notable rally on Wednesday, fueled in part by the Federal Reserve’s decision…
Fed Cuts Rates Again
The Federal Reserve has opted for a measured interest rate reduction, lowering the target range to 3.50%-3.75% following…
Aid Cuts Threaten Crisis
Concerns are mounting within German political circles regarding impending consequences stemming from significant cuts to international humanitarian aid,…
Pension Cuts Spark Public Outcry
A recent nationwide survey commissioned by ARD reveals widespread public concern and opposition to proposed reforms of Germany’s…
Stocks Rise Amid Job Cuts
Market Optimism Coexists with Growing Pressure on the Federal Reserve US equities rallied on Wednesday, fueled by a…
Krone Cuts Jobs Amid Economic Strain
The Krone Group, a major German manufacturer of trailers and agricultural machinery based in Spelle, Lower Saxony, is…
Food Delivery Giant Cuts 1500 Courier Jobs
The delivery service Lieferando has significantly scaled back its previously announced layoff plans, though the underlying shift towards…
Aid Cuts Threaten Global Relief
The outgoing president of the German Red Cross (DRK), Gerda Hasselfeldt, has launched a scathing critique of the…
Mental Health Cuts Spark Green Party Outrage
The proposed overhaul of Germany’s citizen’s allowance (Bürgergeld) by the ruling coalition government of Social Democrats (SPD) and…
Job Cuts Continue in Germany
German companies are significantly curtailing their hiring plans, signaling a deepening economic slowdown and raising concerns about the…
Job Cuts Loom for German Industry
A growing sense of unease is permeating Germany’s industrial sector, with the head of the powerful IG Metall…
VW Confirms Job Cuts for Thousands
Volkswagen, Europe’s largest automaker, is aggressively pursuing a significant staff reduction plan, prompting concerns about the long-term implications…
Budget Cuts Narrow 2027 Deficit
The German federal government’s looming budget deficit, initially projected at €34 billion, has significantly narrowed, thanks to a…
Trump Threatens Cuts Offers Bonuses to Air Traffic Controllers
The rhetoric surrounding the recent US government shutdown has taken a particularly contentious turn, with former President Donald…
Bureaucracy Cuts Called a Sham
The FDP has launched a scathing critique of the bureaucratic relief measures recently approved by the German government,…
Business Leaders Urge Swift Bureaucracy Cuts
The recent decisions of the German federal government’s relief cabinet have drawn cautious praise from Wolfgang Steiger, General…
Red Cross Flags Aid Cuts
A growing chorus of criticism is targeting the German government’s recent budgetary decisions concerning humanitarian aid, with leading…
Germany Targets Billions Saved Through Bureaucracy Cuts
The German government’s ambitious plans to slash bureaucratic red tape are being championed by Digital Minister Karsten Wildberger,…
TK Chief Slams Insufficient Cuts
The nation’s largest statutory health insurance fund, Techniker Krankenkasse (TK), has publicly challenged the adequacy of proposed austerity…
Youth Conservatives Demand Austerity Cuts
The youth wing of Germany’s ruling conservative parties, the Junge Union (JU), is issuing a stark challenge to…
German Firms Eye Job Cuts By 2026
A renewed sense of economic gloom is settling over Germany, according to a recent survey by the Institute…
Health Premiums Face Surge Without New Cuts
The looming parliamentary hearing on Health Minister Nina Warken’s austerity package has been preempted by a fresh demand…
Rail Unions Demand Cuts Target Management
The German rail giant Deutsche Bahn (DB) faces increasing pressure to implement significant cost-cutting measures, but labor unions…
Auto Industry Needs Vision Not Cuts
Automotive Industry Faces Growing Job Losses, Sparking Union Criticism Germany’s automotive sector is grappling with a significant downturn,…
Fed Cuts Rates Again
The Federal Reserve has implemented a modest interest rate reduction, lowering its target range to 3.75 to 4.0…
Employers Push Billions in Healthcare Cuts
German employers are pushing for radical and potentially disruptive reforms to Germany’s statutory health insurance (GKV) system, proposing…
Stocks Surge Hope for Rate Cuts
Market Optimism Tempered by Anticipation of Fed Decision US equity markets enjoyed a modest rally Tuesday, fueled by…
Amazon Cuts Thousands of Office Roles
A significant wave of job cuts is sweeping through Amazon’s administrative divisions, impacting approximately 14,000 employees globally. The…
Deutsche Bahn Hires Thousands Despite Cuts
Despite announcing significant job cuts across the organization, German rail giant Deutsche Bahn is reportedly planning to hire…
Bureaucracy Cuts Stall Minister Proposals Lag
Bureaucracy Reduction Targets Lagging, Casting Shadow on German Government Ambitions Berlin – A significant shortfall in proposed measures…
Union Threatens Action Over Cuts
Labor Leaders Threaten Action as Government Pushes Through Austerity Measures Germany’s two largest trade unions, IG Metall and…
KfW Cuts Development Bank Jobs
The state-owned development bank, KfW, is implementing a significant downsizing initiative within its development division, impacting approximately one…
Childhood Affected By Benefit Cuts
Sanctioned Citizen’s Income Households Impacting Thousands of Children New figures released by the Federal Employment Agency reveal a…
VW Zwickau Cuts Production Due to Chip Shortage
The Volkswagen plant in Zwickau, a critical hub for electric vehicle production, will enter short-time work, beginning next…
UN Condemns Trump’s Population Fund Cuts
The United Nations Population Fund (UNFPA) has publicly rebuked the U.S. government’s decision to suspend funding, a move…
Benefit Cuts Threaten Housing Crisis
The proposed overhaul of Germany’s basic income support system, officially branded as “Bürgergeld” is drawing sharp criticism from…
Lufthansa Cuts Domestic Flights
Lufthansa Threatens Domestic Route Cuts Amidst Escalating Costs, Raising Regional Concerns The Lufthansa Group is reportedly considering a…
Hospital Costs Surge Despite Budget Cuts
despite recent austerity measures announced by Health Minister Nina Warken (CDU), hospital expenditures are projected to reach a…
Hospital Chief Fears Healthcare Cuts
The head of the Sana hospital group, Thomas Lemke, has issued a stark warning about the potential for…
Driving Lessons Set for Price Cuts
The German Federal Minister for Transport, Patrick Schnieder (CDU), unveiled a sweeping reform package Thursday aimed at dramatically…
Aid Cuts Threaten Childrens Lives
A stark warning has been issued by UNICEF Executive Director Catherine Russell, highlighting the perilous consequences of shrinking…
Healthcare Cuts Spark Union Warning
The German service sector union Verdi has strongly condemned plans by the Federal Ministry of Health to implement…
Healthcare Cuts Target Two Billion
Health Minister Nina Warken of the Christian Democratic Union (CDU) is proposing significant cost-cutting measures totaling two billion…
Benefit Cuts Threaten Families
The German government’s planned elimination of a grace period for housing costs within the citizen’s allowance (Bürgergeld) system…
Job Cuts Threaten Inland Waterways
The German trade union Verdi is issuing a stark warning against further staff reductions within the Federal Waterways…
Abuse Victims Fund Faces Funding Cuts
The Federal Government’s commitment to combating the widespread crisis of sexual abuse is facing critical scrutiny following accusations…
Solar Cuts Threaten Home Power Profits
A new study suggests that the planned removal of feed-in tariffs for small-scale solar installations in Germany could…
Lufthansa Job Cuts Peak Expected 2027 2028
Lufthansa Group is embarking on a significant restructuring program involving the reduction of approximately 4,000 administrative roles by…
Cleveland Fed Cautions Against Rate Cuts
Cleveland Federal Reserve Bank President, Beth Hammack, has cautioned against prematurely easing monetary policy in the United States.…
SPD Blocks Nursing Level 1 Cuts
Lawmakers have dismissed proposals to eliminate the initial level of care assistance, reaffirming a commitment to maintaining existing…
Lufthansa Cuts 4000 Jobs by 2030
Lufthansa Group announced plans Monday to reduce its workforce by 4,000 employees by the end of the decade.…
Care Cuts Threaten Vulnerable
Concerns are mounting across Germany over potential government plans to eliminate Pflegegrad 1, the lowest level of care…
Care Cuts Loom Amid Funding Gap
A potential reform of Germany’s statutory care insurance system is under discussion within the federal government, driven by…
Public Backs Civil Servant Privilege Cuts
A recent Allensbach Institute study, commissioned by the Frankfurter Allgemeine Zeitung, reveals a complex public perception of the…
Job Cuts Loom for German Firms
German businesses are increasingly factoring in leaner staffing models, according to a recent survey released Friday by the…
SPD Rejects Health Insurer Cuts
A leading figure within the Social Democratic Party (SPD) has cautioned against cuts to healthcare services as a…
Germany Debates Auto Industry Aid After Job Cuts
The announcement by automotive supplier Bosch regarding the planned reduction of 13,000 jobs has prompted calls for increased…
Bosch Cuts 13000 Jobs
Bosch, the technology and engineering giant, announced on Thursday plans to eliminate an additional 13,000 positions globally. The…
Bosch Plans Major Job Cuts
Bosch, a leading global automotive supplier and technology company, is reportedly planning a significant reduction in its workforce,…
SPD Defends Healthcare Cuts
Concerns are escalating in Germany regarding potential adjustments to the statutory health insurance system, following comments from Health…
Germany Revamps Development Aid Amid Budget Cuts
Facing budget cuts, the German Federal Ministry for Economic Cooperation and Development is undertaking significant structural reforms. Ministerin…
CDU Reform Call Avoids Drastic Cuts
A prominent voice within the Christian Democratic Union (CDU) has cautioned against overly dramatic rhetoric surrounding proposed social…
Union Flags Rail Cuts Risk
Concerns are escalating regarding the impending announcement of German rail reform, with the Transport and Railway Union (EVG)…
Germany Cuts Funding for Antisemitism
The German Minister of State for Culture and Media, Wolfram Weimer, is implementing measures to ensure public funding…
Civil Servants Warn Against Pension Cuts
The leadership of the German Civil Servants’ Association (DBB), Volker Geyer, has cautioned the current coalition government against…
Fed Cuts Interest Rates
The Federal Reserve, the central bank of the United States, announced a decision to raise its benchmark interest…
Aid Cuts Spark Outrage
Leading humanitarian organizations are expressing serious concerns over planned cuts to Germany’s international aid budget, warning of devastating…
Ford Cuts 1000 Cologne Jobs
Ford is implementing further cost-cutting measures at its Cologne, Germany manufacturing facility, resulting in the planned reduction of…
New ZF Leader Signals Deep Cuts
The automotive supplier ZF is facing a significant overhaul as Mathias Miedreich prepares to assume the role of…
Deutsche Post Chief Defends Job Cuts
Deutsche Post DHL’s board member responsible for the postal and parcel business in Germany, Nikola Hagleitner, has defended…
Solar Cuts Threaten Energy Transition
Consumer advocates are voicing concerns regarding a proposed policy change by the German Federal Ministry for Economic Affairs…
Bahn Cuts Spark Outrage
Deutsche Bahn is considering a reduction in service and a significant increase in fares for its Intercity Express…
Bundesbank Signals No Further Rate Cuts
Bundesbank President Joachim Nagel has indicated there is currently no pressing need for the European Central Bank (ECB)…
Bahn Cuts Long Distance Travel Services
Reports have surfaced, based on an internal document from Deutsche Bahn (DB), indicating a significant restructuring of long-distance…
Stocks Surge Investors Eye Rate Cuts
U.S. stock markets exhibited significant gains on Thursday, buoyed by a series of factors. The Dow Jones Industrial…
SAP Faces Job Cuts Across Europe
Concerns have been raised by the European Works Council of SAP regarding the software giant’s recent plans to…
Benefit Cuts Possible for German Health Insurers
Health Minister Nina Warken (CDU) has indicated that short-term adjustments to service offerings within Germany’s statutory health insurance…
Merkel Criticizes Merz Over Welfare Cuts
The association VdK has strongly criticized a recent call from CDU leader Friedrich Merz to reduce spending on…
AfD Seeks Cuts to Welfare and Foreign Aid
Following a budgetary review session of the German Bundestag’s Budget Committee concerning the 2025 federal budget, the Alternative…
German Grid Operator Warns of Autumn Power Cuts
The CEO of German transmission system operator Amprion, Christoph Müller, anticipates controlled load shedding and elevated electricity prices…
Aid Cuts Threaten Education For Six Million Children
A new analysis released Wednesday by UNICEF warns that approximately 6 million children risk losing access to education…
German Minister Vows Bureaucracy Cuts This Autumn
Germany is preparing a focused initiative to reduce bureaucratic processes, with Digital Minister Karsten Wildberger announcing concrete measures…
Wealthy to Fund Tax Cuts Says SPD Leader
The leader of the SPD parliamentary group in the Bundestag, Matthias Miersch, has signaled a potential shift in…
Minister Defends “Bullshit” Remark Rejects Welfare Cuts
Germany’s Federal Minister for Social Affairs, Bärbel Bas, has defended her recent strong criticism of proposals to curtail…
Civil Service Cuts Plan Faces Union Backlash
The German Civil Service Federation has strongly reacted to a proposal from CDU General Secretary Carsten Linnemann to…
Employers Demand Social Security Spending Cuts
Germany’s leading employers’ association, Gesamtmetall, is urging the federal government to prevent further increases in social security contributions,…
Advisors Urge Wealthy to Back Welfare Cuts
A key advisory council to Germany’s Federal Ministry for Economic Affairs has urged Minister Katherina Reiche to advocate…
Union Leader Rules Out Welfare Cuts
The head of the German Trade Union Confederation (DGB), Yasmin Fahimi, maintains that the German social welfare system…
German Firms Boost Job Cuts Again
Recent data indicates a cooling trend in Germany’s labor market, with companies increasingly cautious about personnel planning. The…
Klüssendorf Warns Against Welfare Cuts
Ahead of a joint strategy meeting of the governing coalition’s parliamentary group leaderships scheduled for Thursday and Friday…
Commerzbank Nears Deal on Job Cuts
Commerzbank is reportedly nearing an agreement with employee representatives regarding the implementation of its strategic restructuring plan. Management…
Söder Proposes Billions in Spending Cuts
A significant austerity package has been proposed by Markus Söder, leader of the Christian Social Union (CSU) and…
Benefits Cuts Proposed for Jobless Germans
Leading figures within the CDU/CSU and SPD are signaling a potential shift in approach to Germany’s “Bürgergeld” –…
SPD Leaders Warn Merz Against Welfare Cuts
Leading figures within the Social Democratic Party (SPD) are cautioning Chancellor Friedrich Merz (CDU) against downplaying the strength…
SPD Demands Fair Cuts to National Budget
In ongoing discussions surrounding budgetary savings within the federal budget, Thorsten Rudolph, the SPD parliamentary group’s budget policy…