A wave of industrial job cuts is setting a grim tone in the early stages of Germany’s election campaign, with politicians describing the economic conditions as the most challenging they have ever faced for a federal vote.
In the month since the collapse of Chancellor Olaf Scholz’s unhappy three-way coalition paved the way for a snap vote in February, some of the country’s biggest employers have announced planned job losses, including 11,000 at steelmaker Thyssenkrupp, 3,800 at Bosch, the world’s largest car parts maker, 2,800 at its rival Schaeffler and 2,900 at Ford.
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