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> As a example a huge producer of automotive parts in Germany went bankrupt today. 4000+ people lost their jobs instantly.

Could not find any news about that. Which company do you mean?

It's Dr. Schneider [1]. Never heard about them until now.

But

a) they are not bankrupt yet, they merely filed for government protection while they reorganize

and

b) it's only 2000 jobs

Yes, probably just shrinking themselves to a more healthy state. Good "chance" to do so right now.

> they merely filed for government protection while they reorganize

That's what Chapter 11 bankruptcy is in the US - I assume Germany has an equivalent.

lmao typical redditor who only reads the headline of an article. there's literally a factual mistake in every third word of your comment