Germany’s corporate bankruptcies hit a 20-year high, fueled by job cuts at giants like Volkswagen, ZF, and Bosch — a crisis spreading across manufacturing, engineering, and construction. While some see it as natural market pruning, others warn of deeper structural problems tied to aging workers, low immigration, and rising costs. Amid the turmoil, AI startups are booming, hinting at a broader economic transformation — but whether this is a healthy reset or a looming crisis remains fiercely debated.
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