Teller Report

(m+) Housing crisis: Furniture industry sees "perfect storm" looming

12/6/2023, 1:06:12 PM

Highlights: 40 percent of manufacturers have already ordered short-time work. Another third plan to do so by the end of the year. Furniture industry sees "perfect storm" looming. German furniture industry is feeling the effects of people's reluctance to consume – and at the same time the crisis on the real estate market. With the right manager subscription, you can read manager magazin and Harvard Business manager+ in one package. Try one month for € 0.99. Can be cancelled at any time.

The German furniture industry is feeling the effects of people's reluctance to consume – and at the same time the crisis on the real estate market. About 40 percent of manufacturers have already ordered short-time work, and another third plan to do so by the end of the year. A look at an industry with existential concerns.

Enlarge image

More and more companies are prescribing short-time work for their workforce: The furniture industry sees hard times ahead

Photo: Sebastian Kahnert / dpa

Manager Magazine Plus

Read on now. With the right manager subscription.

Try one month for € 0.99. Can be cancelled at any time.

Manager Plus

*thereafter € 19.99 / month

€ 0,99*

*thereafter € 19.99 / month

Expand manager plus area

Your benefits:

  • manager magazin+ and Harvard Business manager+ in one package
  • All m+ and HBm+ content on the manager-magazin.de page and in the manager Messages app
  • The content of the printed magazines incl. e-paper (PDF)

Try it now for € 0.99

Manager Magazine Plus

*thereafter € 8.99 / month

€ 0,99*

*thereafter € 8.99 / month

Expand manager magazin plus section

Your benefits:

  • All m+ content on the manager-magazin.de page and in the manager Messages app
  • m+ newsletter with special reading recommendations
  • The content of the printed magazine incl. e-paper (PDF)

Try it now for € 0.99

Are you already a digital subscriber? Enroll Here

Read more with manager+

Always Ahead of the Curve

Your advantages with manager+

  • Manager Magazine+

    in the app

  • Harvard Business manager+

    in the app

  • Read manager magazin and Harvard Business manager

    as an e-paper in the app

  • All articles in the manager app

    for only € 24.99 per month

Buy Now

Already have a digital subscription? Enroll Here

Restore iTunes subscription

manager+ is handled through your iTunes account and paid for with confirmation of purchase. 24 hours before expiration, the subscription is automatically renewed for one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app, you must link the subscription to a manager ID account immediately after purchase. By purchasing, you accept our Terms and Conditions and Privacy Policy.