More than a quarter of German companies have said they would likely be cutting jobs in the coming year, as business confidence plummets, a report published Monday revealed.
A German online retail firm has set up a “grey strike-force” of retired employees to work on special projects when regular staff cannot cope. They will work for up to 50 days a year, but unions warned of a dangerous precedent.
Germany’s top 500 companies are booming, lifting their sales by nearly 12 percent last financial year, the largest rise in more than a decade, a survey has found.
German chemical giant BASF is cranking up pressure on the European Commission to get its green light for a genetically modified potato, a world first the company has decided deserves a few pages of advertising.