Many employees of the automotive development service provider IAV in Stollberg in the Ore Mountains fear for their jobs. According to the IG Metall trade union, negotiations on long-term job security have so far been unsuccessful and the conflict is escalating. The company wants to cut around 1,500 jobs nationwide. Uncertainty is particularly high in Stollberg, where one in three employees fear for their jobs. Around 800 people currently work here.
Some time ago, the company itself spoke of difficult overall economic conditions and referred to current market weakness, structural change in the automotive industry and comparatively high costs in Germany. IAV's website mentions 6,600 employees at 25 locations worldwide. They last generated a turnover of 910.6 million euros (2024).
