I remember seeing a video that labels these people as doing bullshit jobs. As an example in UPS the people that actually delivers the packages are the ones doing the real work. However between those workers and CEO there are like ten or more levels of management and all those people just sitting at an office doing basically nothing.
Same with VW or with any other traditional German company. Sometimes to justify their job there would create problems that doesn’t exist and come up with a solution
Not a scientific study, but here in the UK where we don't have tariffs against Chinese car manufacturers, there are loads of electric BYDs and Jaecoos (the "Temu Range Rover") driving around recently.
Yeah with China pumping state subventions into car manufacturing, they can outcompete any car manufacturer anywhere in the world. The leading battery technology is in Asia anyways.
The German car industry will not die completely, as the EU can protect its market from chinese manufacturers through regulation. But it will shrink and transform. Probably also back to fossil fuels (yuck), because there the Germans still have a lead (they are trailing with EVs).
Germany's new hot industry is defense technology.
They're also making cars that people want to buy for a price they can afford. Toyota aren't making any cars I want to buy (at any price).
Credit Suisse went down 2 years ago in Switzerland, flooding the market with finance and IT people...
But do they dual-wield?
Only handaxes.
Yeah, the title is worded quite oddly.
At least I hope they leave the corporate culture baggage that has ruined the German car industry behind and do not transplant it into other companies. In which you stick to your old guns and hope that politics protects you with tariffs against any future developments from international competitors on the car market. (It failed. Now the Chinese make better cars than the Germans.)
There is no chance that they will leave it behind.
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Well, what did we expect from the clowns we elected, when few of them ever worked an actual job? Election after election, we are voting for the same incompetent corrupt people. Really what do we expect? And what do we expect to happen, when we elect the very people, who time and time again lied to use for decades? Also thanks to all retirees, who fill their ballot papers with the mindset of: "I always voted for them!".
I guess we have had a good run for far too long, so that complacency is finally catching up with us. The only sad thing is, that many people, who deserved better have to suffer for it.
But lets not be too sad about some middle management being let go. They are often part of the problem. Let us rather be sad about educated and capable people losing their jobs and dropping into a very difficult job market, which they might not recover from.
Welcome to Germany? The best part is the drone situation. Both parties are buying from China.
It is indeed an accurate description. I live in a neighboring country. Germany's energy failure costs me the equivalent of about an entry level Macbook Pro every year.
I don't have kind words for SPD/Die Grünen in specific, or, to be frank, Germany in general.
> I don't have kind words for SPD/Die Grünen in specific, or, to be frank, Germany in general.
because they've governed Germany for the past decades ... wait ... they have not?