*Walter Bloomberg(@DeItaone):GERMANY FACES NEW JOB CUTS AS ECONOMIC RECOVERY FALTERS Nearly one-third of German companies plan to cut jobs in 2027, according to a survey of more than 1,000 firms by the German Economic Institute (IW). 32% expect layoffs, up from 29% in spring, while only one in six plans to hire. Nearly 40% intend to reduce investment, and 80% expect production to stagnate or decline. Germany's GDP growth slowed to 0.2% in Q3, while 47% of industrial firms report worsening business conditions. IW warns Germany's brief recovery could end in 2027, with business expectations stuck in their longest slump since 2005.

8hours ago

GERMANY FACES NEW JOB CUTS AS ECONOMIC RECOVERY FALTERS Nearly one-third of German companies plan to cut jobs in 2027, according to a survey of more than 1,000 firms by the German Economic Institute (IW). 32% expect layoffs, up from 29% in spring, while only one in six plans to hire. Nearly 40% intend to reduce investment, and 80% expect production to stagnate or decline. Germany's GDP growth slowed to 0.2% in Q3, while 47% of industrial firms report worsening business conditions. IW warns Germany's brief recovery could end in 2027, with business expectations stuck in their longest slump since 2005.

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