IG Metall Slams Automotive Job Cuts as 'Knee-Jerk Reaction'
Germany's IG Metall union has spoken out against recent job cuts in the automotive industry, describing them as a 'knee-jerk reaction' lacking long-term planning. Christiane Benner, the union's chair, has urged executives to show more strategic vision and innovation.
The automotive sector saw over 50,000 jobs lost in 2022, according to a report by EY. While specific companies were not named, IG Metall has criticised the industry as a whole for relying too heavily on job cuts as a solution. Benner has warned against further planned redundancies, stating that they are often seen as the standard response by corporate management.
IG Metall's warning comes amidst a challenging period for the automotive industry, marked by job losses and restructuring. The union hopes that by urging a shift in strategy, it can help secure the future of jobs in the sector.
