{
  "id": 16873034,
  "title": "Business cycle: Ifo: Companies want to cut fewer jobs",
  "url": "https://urgent.news/2026/10/28/konjunktur-ifo-unternehmen-wollen-etwas-weniger-stellen-abbauen",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-28T08:34:46.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/konjunktur/konjunktur-ifo-unternehmen-wollen-etwas-weniger-stellen-abbauen/100265508.html"
  },
  "original_language": "de",
  "account": "German companies plan to reduce jobs at a slightly slower pace, according to the Ifo Institute. The Ifo employment barometer rose to 95.5 points in October from 95.1 points in September. The service sector plans to increase jobs, while the industrial sector, particularly the automotive industry, expects further job cuts. In contrast, manufacturers of data processing and electronic devices plan to make more new hires. The German government forecasts 1.3% economic growth this year, while the Ifo Institute expects 1.4%.",
  "summary": "Confidence in the German economy is growing. This is also reflected in the plans of companies. However, things are not looking good in all sectors.",
  "key_points": [
    "Ifo Employment Barometer rises to 95.5 points in October",
    "German firms plan small reduction in employment",
    "Auto manufacturers and tech firms expect hiring increases"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}