Eurotrack

Saxony

25 entries · All entries located in Saxony (Germany), newest first.

All regions · Germany

Growth 16Transformation 4Decline 5

Key figures

+1,420new jobs announcedfrom 3 reports · since Nov 2025
1,160affected by layoffs and closuresfrom 3 reports · since Jul 2026

Largest expansions

  1. Infineon opens €5bn Smart Power Fab in Dresden, adding 1,000 jobs+1,000 New jobs ·
  2. Covenant opens cruise missile plant in Leipzig+250 New jobs ·
  3. UFZ Leipzig opens new €41m research building, adding 170 jobs+170 New jobs ·

Largest job cuts

  1. GSK to close Dresden vaccine plant by 2028, cutting 650 jobs650 Affected staff ·
  2. Report: solar specialist Energiekonzepte Deutschland files for insolvency340 Affected staff ·
  3. Westermann Druck to stop Zwickau production, 170 jobs170 Affected staff ·

Sectors

SectorEntriesNew jobsAffected staff
Banking2——
Energy2—340
Defence1+250—
Finance / Insurance1——
Logistics1——

Follow-up

Followed up: 2 of 2 announcements older than six months.
Documented outcome: realised: 2.
Relocated abroad, to: 🇨🇦 Canada.
All outcomes and relocations →

Open cases

Sums of the reports recorded in the tracker since recording began, not a complete picture of the labour market.

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2024

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2020

2019