Dear Reader Some people say that half of our lifetime is spent working What does your personal account look like I d say that work accounts for more than half of our life Work goes far beyond the things we do in our jobs After hours household chores or perhaps gardening or yard work may be waiting for us At the gym we work on our fitness and at night school on learning a foreign language Plus I m sure all parents will agree with me that the job of parenting is one of the most challeng ing types of work Just these few examples show that a separation between working and living whether in 50 50 60 40 or 40 60 ratios is diffi cult if not impossible Life is work and vice versa Or as Pablo Picasso once put it For me work ing means breathing If I cannot work I cannot breathe With these reflections about life and labor I d like to welcome you to the current is sue of our technology magazine tomorrow in which 100 pages are fully focused on the topic of work With the skills of his body and the creativity of his mind Picasso created masterpieces and drew the energy for his existence from them Natural ly the creation of world famous masterpieces is a privilege not many people enjoy yet all of us know the sense of satisfaction when we can say It s a wrap at the end of a project However work is not just the fuel for our self esteem Work provides our lives with structure On good and bad days or to quote the Enlightenment philos opher Voltaire Work saves us from three great evils boredom vice and need Clearly work not only but also serves to earn a living which takes us to the professional world And this world is currently in a process of trans formation that s equally fundamental and fast Technological progress is working at full steam in this respect too Computers robots and ma chines will be handling more and more of our rou tine jobs while other jobs will simply no longer be needed due to changing markets On the oth er hand numerous new jobs will emerge many of which will have titles and job descriptions we don t even know yet today This is another top ic covered by the current issue of tomorrow Looking back on past centuries provides peace of mind progress has continuously changed the la bor market and always caused it to grow The following figures also encourage us to interpret the current changes primarily as opportunities in the first decade of our millennium the digital transformation has led to the Europe wide loss of 9 6 million jobs and the creation of 21 million new ones according to ZEW Leibnitz Centre for European Economic Research These statistics show that it pays to join the journey of change At Schaeffler we re firmly convinced of this We hope you will share our fas cination with the transformation of work on the following pages Enjoy the read Klaus Rosenfeld Chief Executive Officer 3 Editor ial

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