Rearming German industry: restructuring in times of war

As Germany ramps up its defence spending, the federal government and businesses are exploring whether military production can offer a lifeline for struggling sites. This article examines how re-militarisation is reshaping restructuring in Germany. Businesses in Germany are currently facing unprecedented challenges. Growing concerns regarding de-industrialisation, evidenced by the daily announcements of job cuts, has given rise to a focus on restructuring and transformation programmes in the country. While many employers…