2 ms·

> As a example a huge producer of automotive parts in Germany went bankrupt today. 4000+ people lost their jobs instantly. Could not find any news about that.

• martin_a 4y ago
  It's Dr. Schneider [1]. Never heard about them until now. [1] https://www.focus.de/finanzen/news/kronach-kronach-neuses-automobilzulieferer-dr-schneider-ist-insolvent_id_142492202.html https://www.focus.de/finanzen/news/kronach-kronach-neuses-au...
  • fxtentacle 4y ago
    But a) they are not bankrupt yet, they merely filed for government protection while they reorganize and b) it's only 2000 jobs
    • martin_a 4y ago
      Yes, probably just shrinking themselves to a more healthy state. Good "chance" to do so right now.
    • jonas21 4y ago
      > they merely filed for government protection while they reorganize That's what Chapter 11 bankruptcy is in the US - I assume Germany has an equivalent.
• em1sar 4y ago
  lmao typical redditor who only reads the headline of an article. there's literally a factual mistake in every third word of your comment