Is the termination imminent? Five tips on severance pay, legal protection and job search

Business professional with packed office box

A termination is always stressful for those affected.

(Photo: mauritius images / Tom Wang / Al)

Cologne The job market is currently booming despite Corona. However, that should not hide the fact that in many industries not only are new employees being hired, but staff are also being laid off. There are many examples:

  • Of the Pharmaceutical and agricultural giant Bayer announced before the corona crisis, until the end of the current year 4500 jobs in Germany to delete.
  • at Germany’s largest car maker Volkswagen years ago one had to look forward to a reduction in 23,000 positions communicated. At the same time, there are thousands of jobs in the areas of digitization and software.
  • The Essenes Energy group RWE builds 6000 positions in lignite by 2030, in three years at the latest, RWE also wants to close its Cologne administration.

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