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Old 01-19-2025, 10:12 PM
Dondilion's Avatar
Dondilion Dondilion is offline
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Join Date: May 2009
Posts: 11,189
BASF's Silent Goodbye to Germany. An unsettling tale of economic decline.

https://www.msn.com/en-gb/money/othe...an%20workforce.


The most important drivers for business success aren't slogans and promises, but innovations that first surprise and then delight the customer. The state is the be-all and end-all for political parties, but for businesses, it's just one option among many. That's the big difference: parties like the SPD and CDU only have Germany. A corporation like BASF can simply leave.

That's exactly what's happening these days. We're witnessing a silent departure. Europe's largest chemical conglomerate is investing ten billion dollars in a new large-scale Chinese plant and closing parts of its production in Ludwigshafen. They're hiring new staff in China and saying goodbye to parts of their core German workforce.

Last edited by Dondilion; 01-19-2025 at 10:17 PM.
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