Lilium (located in the Munich area) filed for insolvency

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Franklan
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Lilium (located in the Munich area) filed for insolvency

Post by Franklan »

Lilium (located near Munich) filed for Insolvency.

As there are ~ 1000 Employees, I hope that nobody on this forum is affected.

There are quite some changes in the German job market; Automotive industry struggling, AI taking over jobs, translators getting unemployed due to DEEPL and so on.

Anyone wishes to comment?
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Re: Lilium (located in the Munich area) filed for insolvency

Post by Fraufruit »

I have 2 friends who are translators. Not looking good for them.
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Re: Lilium (located in the Munich area) filed for insolvency

Post by Franklan »

https://www.handelsblatt.com/technik/fo ... 87823.html

Not looking good for them. After all, aprox. 1000pl. on the payroll near Munich...
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Re: Lilium (located in the Munich area) filed for insolvency

Post by Franklan »

And here is the next one in trouble in the Munich area... Mynaric

https://finance.yahoo.com/news/mynaric- ... 00415.html
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Re: Lilium (located in the Munich area) filed for insolvency

Post by Franklan »

The bomb was dropped yesterday:

Lilium fires *every* employee (~1000):

https://www.handelsblatt.com/technik/fo ... 95575.html
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Re: Lilium (located in the Munich area) filed for insolvency

Post by LukeSkywalker »

Lilium found an investor last minute and employees will return to their jobs. Some good news just before X-Mas.
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Re: Lilium (located in the Munich area) filed for insolvency

Post by Franklan »

LukeSkywalker wrote: Tue Dec 24, 2024 12:58 pm Lilium found an investor last minute and employees will return to their jobs. Some good news just before X-Mas.
Happy dances around ~1000 christmas trees in the Munich area!

https://lilium.com/newsroom-detail/lili ... tor-search
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Re: Lilium (located in the Munich area) filed for insolvency

Post by Fraufruit »

'Tis the season!!!
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