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Recession sparks German angst

The global economic crisis hasn’t affected the German psyche much until now, but a new study released on Friday shows fears about the recession and job loss have surged dramatically.

Recession sparks German angst
Photo: DPA

According to market research institute GfK’s new poll of some 12,500 Germans and Europeans, 57 percent named job loss as their number one concern.

The “Challenges in Europe” poll, taken in February and March, showed the first jump in job security fears after several years of other overriding concerns, GfK reported. Last year 53 percent of those polled said job loss was their top concern.

Second on the list of worries was the state of the German economy. In 2008, just seven percent of those polled said the country’s economic situation was on their mind. But this year’s poll showed a stunning jump to 36 percent in the same category.

Anxieties of more prosperous times, such as education and retirement care, are becoming less of a concern as the question of basic survival troubles Germans, GfK said. In 2008, 23 percent of poll participants said they were worried about retirement. In 2009, just nine percent were looking that far ahead.

As if to confirm the fears expressed in GfK study, the German industrial group ThyssenKrupp said on Friday it would shed 1,800-2,000 German posts by 2011 in its steel division.

The group would avoid outright firings, board member Dieter Kroll said in an interview to appear in the Westdeutsche Allgemeine Zeitung newspaper. The reductions would concern seven German sites and take place by the end of September 2010, the group added in a statement.

“We adhere to principle of avoiding layoffs,” personnel director Dieter Kroll told the daily.

Anticipated retirements, voluntary departures and internal reassignments would account for the reductions, he added.

ThyssenKrupp employs more than 40,000 people worldwide, and its statement said the move was taken to deal with “the dramatic global economic slump since late 2008 which has hit ThyssenKrupp Steel’s activities hard.”

More than 15,000 workers are already on short-time work schemes but that has not been enough enough to compensate for surplus capacity at the group. The move is part of a larger reorganisation of ThyssenKrupp, which also manufactures elevators, automobile assembly lines and ships.

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WORKING IN GERMANY

Which Bavaria-based companies regularly hire English speakers?

Bavaria is no doubt a beautiful state with a strong economy, but can be a hard place for non-German speakers to integrate. The Local takes a look at job opportunities in Germany’s southeastern 'Free State.'

Which Bavaria-based companies regularly hire English speakers?

Munich ranks third in German cities with the highest total GDP, behind Berlin and Hamburg, but in terms of GDP per capita, it’s higher than both of them.

It also consistently ranks high, often highest, in terms of average household income.

As of 2023, nine of the 40 companies listed on DAX, Germany’s stock index, were based in Bavaria. Seven of those are based specifically in Munich.

While Frankfurt is commonly known to be Germany’s business capital, Munich can claim the title of Germany’s insurance capital, which is saying something, as Germany is home to some of the largest insurance firms in the world, like Allianz.

Beyond the state’s capital city, a number of international companies are based elsewhere in Bavaria, particularly in the Franken region, near Nuremberg.

Which companies actively hire English speakers?

Bavaria, and Munich in particular, is home to a number of companies at the forefront of international business. But the state is known for its traditional, sometimes conservative, culture, which affects its business culture as well.

Whereas companies embracing English as their primary business language are easy to find in Berlin, the practice is less common in the south. That said, there are some notable exceptions. 

Sportswear giants, Adidas and Puma, both have their headquarters near Nuremberg in Herzogenaurach, and regularly recruit English speaking international talent.

“As an international company, our teams reflect the rich diversity of our consumers and communities,” Jon Greenhalgh, Senior Manager Media Relations for Adidas told The Local. “Fostering a culture of inclusion where we value and leverage differences, ensures that we can authentically engage with our employees and truly connect with our consumers.”

He added that around 40 per cent of Adidas’ Germany-based employees are foreign nationals, from over 100 different countries.

Siemens and BMW rank among Bavaria’s top employers, and are also known to hire their fair share of foreigners.

“In Germany, we recently had around 2,000 open positions,” Konstanze Somborn told The Local on behalf of Siemens AG.

He added that Siemens operates in 190 countries. “That is why we value international teams very much…English as a common language is very usual.”

READ ALSO: ‘Which German companies want to hire foreigners?’

Similarly, BMW hires workers from a variety of backgrounds. 

“Every year, we hire lots of internationals and welcome them to the BMW Group,” Dr. Hans-Peter Ketterl, a press spokesman for BMW Group told The Local. 

But not all of these positions are available to non-German speakers.

Ketterl added that BMW’s working language is German in the country, even though, “English is an indispensable entry requirement as the second corporate language in many areas of the company.”

Check job boards and follow best practices

If it’s your first time applying for jobs in Germany, make sure to change your resume to the German format, even for English positions.

While Germany is home to its own job boards, like Xing, LinkedIn is probably the best place to start. In addition to searching for positions based in your preferred location, you can check relevant groups, like Munich Startups, to broaden your horizons.

The English Jobs in Germany website is also a good resource to start with. 

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