Germany's Economy Struggles, Firms Mull Layoffs
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monthly employment barometerDPA International
•Survey finds German firms looking to hire less, and cut more jobs
76% Informative
Ifo Institute's monthly employment barometer tumbled again in its latest report.
Barometer has now hit its lowest level since the depths of the coronavirus pandemic in 2020 .
It is primarily industrial producers and retailers that are seeking to cut jobs, according to the survey.
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