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In addition, fierce international competition, including China, now poses a serious threat to Germany, where one in seven employees works directly or indirectly for the automotive industry.
EA is now facing a financial crisis. The new company chairman plans to boost productivity, which will require a drastic cost-cutting programme, and jobs may go. A group of financial consultants, Tompkins & Kosters, have been called in to help with the refinancing package.
[pic]
Listening
One of your colleagues from Tompkins & Kosters is being driven in a taxi to a meeting near London. Listen to the business news on the radio that he hears...
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