Drastic cuts at Stiwa: Thousands of employees are concerned!

Drastic cuts at Stiwa: Thousands of employees are concerned!

Attnang-Puchheim, Österreich - The engine of the Stiwa Group is on the brink! The company based in Attnang-Puchheim is urgently looking for savings options and plans to temporarily release a large part of the 2,100 employees. This reports ORF OÖ . Your concern is reinforced by the bankruptcy of the motorcycle giant KTM, which dominates the headlines. Already at the beginning of the year, 250 jobs had to be dismantled and now there are drastic measures again.

According to information on the corporate management, the employees could choose between different options: terminations with a promise to re -hire, a temporary change in part -time or a voluntary, temporary salary waiver. The discussions with the labor market service (AMS) and the works council are in full swing. According to the works council, it is believed that most employees will choose the temporary termination, since the automotive industry is affected by a weak economy. In view of the uncertainties, the employees look at the upcoming developments with great concern, since Stiwa produces essential parts and machines for the automotive industry, as Today.at

The uncertainty among employees is enormous. The recent developments mean that the workforce fears for its future. While the management tries to renovate the company through these measures, it remains unclear how the situation will develop in the medium term and whether the measures can bring the hoped -for stability.