Europa-Park CEO Warns of Deindustrialization and Skilled Labor Shortage in Germany

The current economic situation in Germany is causing growing concern, especially in light of massive job cuts at major companies. Roland Mack, founder of Europa-Park, recently expressed strong criticism of political leaders and sees the deindustrialization of Germany as well underway.

Deindustrialization is Unstoppable

In an interview with the “Neue Zürcher Zeitung” (NZZ), Mack voiced his deep concerns about Germany's economic trajectory and accused some politicians of almost welcoming the demise of businesses. “In the past, factory openings were celebrated, but today there are politicians who are happy when a company shuts down,” Mack stated. This, he argued, is a clear sign of Germany's ongoing deindustrialization.

According to Mack, high taxes, soaring energy prices, and increasing bureaucracy are the main reasons why companies are relocating their production abroad. Established companies like Miele and Stihl have already moved parts of their operations out of Germany, resulting in significant job losses.

Massive Job Losses in the Automotive Industry

In addition to the challenges faced by manufacturers of consumer goods, the automotive industry has been hit particularly hard. In recent months, thousands of jobs have been cut: Continental has reduced its workforce by 7,000, Michelin has cut 1,500 jobs, and Volkswagen plans to cut costs by 20% by 2026. Meanwhile, ZF Friedrichshafen, one of the major suppliers, has had to close a production site.

Europa-Park Struggles with a Skilled Labor Shortage

Despite these grim prospects in many sectors, Europa-Park continues to perform well. Mack reports that visitor numbers are even exceeding the record highs of 2019. However, there are challenges, particularly in recruiting skilled labor. New hotels cannot open as planned due to a lack of staff, even though demand is high.

Europa-Park is now searching for skilled workers in Asia, Eastern Europe, and South Africa to meet its staffing needs. Mack notes that people from over 100 nations are already employed at his theme parks.

Migration as a Solution to the Skilled Labor Shortage?

Economist Monika Schnitzer sees immigration as a key solution to the skilled labor shortage. “If we want more workers and more employment, immigration will be the only way forward,” she said in an interview on “ZDF”. Mack took a nuanced stance on the issue of migration. While he recognizes the need for skilled workers, he warns that uncontrolled immigration could harm the German economy.

Political Tensions and the Future of the German Economy

Political tensions are rising in the country, particularly as the far-right AfD gains influence in state elections in Saxony and Thuringia. The party opposes immigration as a solution to the skilled labor shortage, instead favoring organic population growth. Mack expressed concern about the AfD's growing strength but emphasized the importance of controlled immigration of qualified professionals.

The future of the German economy remains uncertain. Massive job cuts, increasing deindustrialization, and the skilled labor shortage pose major challenges. How quickly Germany can adapt will be critical for the future of many businesses and jobs.

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