Job Insecurity Fuels Birth Rate Decline: A Tale of Two Nations
New research reveals how temporary employment significantly impacts birth rates in Germany and Australia, with job security emerging as a crucial factor. The study highlights stark contrasts in family support systems, with German families retaining 93% of pre-birth income versus Australia's 59%.
Volkswagen CEO Faces Worker Backlash Over Cost-Cutting Plans at Wolfsburg Plant
Volkswagen Group CEO Oliver Blume encountered fierce opposition and boos from 20,000 workers during his address at the Wolfsburg plant, defending potential job cuts amid mounting Chinese competition. The confrontation highlights growing labor tensions as VW grapples with declining EV sales and market pressures.
Bosch Cuts to 4-Day Week as German Auto Industry Crisis Deepens
German manufacturing giant Bosch implements reduced 35-hour workweek for hundreds of employees amid automotive sector struggles and broader economic challenges. The move follows 7,000 planned layoffs and reflects mounting pressure from declining European car demand and Chinese competition.