TL;DR
AI-generated
By 2029, Germany could face a shortage of around 723,000 skilled workers, with approximately 39,100 in sales. This deficit is exacerbated by retirements and a lack of new entrants. Studies indicate AI chatbots cannot replace human advice in retail.
TL;DR
AI-generated
Starting in 2027, the major bank UBS will assess applicants for investment banker positions on their AI knowledge. Candidates must demonstrate how they can use AI to increase efficiency.
Work & CareerEducation & SchoolsMigration & Integration
TL;DR
AI-generated
Processing of visa applications for Iranians wishing to study or work in Germany continues to be delayed. The Federal Foreign Office is not planning to expand capacities to other embassies and is setting priorities, leading to longer waiting times for many applicants.
Companies & MarketsWork & CareerIndustry & Production
TL;DR
AI-generated
Volkswagen's supervisory board has approved a savings plan affecting over 100,000 jobs worldwide. Critics point to a lack of future strategies for the automaker.
TL;DR
AI-generated
Rising prices in New York are making life increasingly difficult for young professionals. A 26-year-old is managing expenses by opting for cheaper alternatives like bringing her own food and hosting game nights instead of dining out.
TL;DR
AI-generated
Dr. Nikolas Stihl, Chairman of the Supervisory Board of STIHL, is calling for a 40-hour work week without wage compensation to strengthen the German economy. He criticizes domestic issues like high costs and bureaucracy, emphasizing the need to increase work volume to maintain prosperity and the welfare state.
TL;DR
AI-generated
Volkswagen has decided on a savings plan that includes the elimination of around 100,000 jobs worldwide. The company also plans to halve its model range and reduce R&D investments to increase profitability. However, experts criticize a lack of a forward-looking strategy.
TL;DR
AI-generated
Turkey plans to privatize the two Bosphorus bridges and eight highways for 30 years, with ownership remaining with the state. The awarding of operating rights is expected to be completed by the end of 2031.
TL;DR
AI-generated
Chancellor Merz warned of further job losses in Germany's industrial sector. Volkswagen plans to cut 50,000 jobs and reduce its model range, with the future of four German plants uncertain.
TL;DR
AI-generated
The tech industry is massively cutting jobs in 2026, with over 12,900 positions eliminated in Silicon Valley alone by September. This figure already exceeds last year's level by 27 percent and is attributed to investments in artificial intelligence.
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