'They fire, we hire': Germany seizes on Silicon Valley's woes

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'They fire, we hire': Germany seizes on Silicon Valley's woes
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Alphabet, Microsoft and Meta have announced a combined total of almost 40,000 job cuts. Read more at straitstimes.com.

BERLIN - Faced with a tight labour market and a shortage of workers with key software engineering skills, some German companies are looking atThe US West Coast has always been the main destination for ambitious software engineers looking to work in the best-paid, most elite corner of their profession, but“They fire, we hire,” said Mr Rainer Zugehoer, chief people officer at Cariad, the software subsidiary of automaker Volkswagen.

Germany, with one of the world’s oldest populations, has gaping holes in its labour force: according to IT industry group Bitkom, 137,000 IT jobs are unfilled. “I would like to cordially invite you to move to Bavaria,” wrote Ms Judith Gerlach, digitalisation minister in Germany’s wealthiest region on LinkedIn in a post addressed to the recently laid off.

“And did I mention Oktoberfest?“ Ms Gerlach added, adding Munich’s famed beer festival to the strong labour protections that might prove attractive to the newly jobless.

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