PRESS STATEMENT Bleeding the auto industry dry is a fatal mistake

“The latest figures from the Federal Statistical Office are a wake-up call. The lowest employment level in the German automotive industry since 2005 underscores the gravity of the situation. Above all, however, these figures reveal the lack of planning and vision on the part of management—and this has been going on for decades! IG Metall considers the bleeding out of the industry by employers to be a disastrous mistake.

Laying off workers is not a strategy and certainly does not create economic growth. The crucial question is: Where are the forward-looking plans from these highly paid managers? Those who are cutting thousands of jobs today must instead explain how market share will be regained tomorrow. Those who are downsizing plants must instead specify which products will be manufactured there in the future. Those who cut staff must instead outline how they plan to attract and train skilled workers for the technologies of tomorrow.

The industry does not need endless cost-cutting programs, but rather investments in innovation, research, software expertise, training, and modern production facilities. Companies must finally demonstrate that they have a plan for growth, technological leadership, and job security.

The uncertainty and frustration in the workplaces are immense. Employees are no longer willing to stand by and watch their industry slowly die. At IG Metall’s nationwide day of action on September 21, they will voice their anger and call on employers to finally present genuine plans for the future instead of ever-new cost-cutting programs.”

FAQ on the Crisis in the Automotive Industry