Zeiss celebrates the sales jump, but job cuts ensure worry lines!

Zeiss celebrates the sales jump, but job cuts ensure worry lines!

Aalen, Deutschland - The technology company Zeiss from Oberkochen generated sales of almost eleven billion euros in the 2023/24 financial year and thus registered an increase compared to 10.1 billion euros in the previous year, as [SWR.de]. Despite this sales growth, there was also negative news: the profit fell by 242 million euros. Karl Lamprecht, CEO of Zeiss, said that the company had to act in a challenging business environment due to geopolitical conflicts and a cloudy consumer climate that ensures less growth by the end of the year.

challenges and strategic investments

Especially in the area of ​​glasses are worrying developments: In order to adapt production, Zeiss plans to reduce the weekly production of 55,000 glasses to only 20,000, which could possibly lead to job cuts. The works council and union are alerted about the uncertainty for the approximately 1,400 employees, especially in view of the strongly receding demand for high -quality glasses. Nevertheless, the group wants to continue to invest in research and development and is planning to set up a new location in Aalen-Ebnat, which is supposed to create around 2,500 new jobs, as [Zeiss.de].

In contrast, the Semiconductor Manufacturing Technology (SMT) division shows strong growth with an increase in order intake by 11% in 2023/24. In particular, the demand for lithography equipment for semiconductor production remains constant because customers in China are increasingly investing. Zeiss focuses on expanding the production capacities and introducing new products, but the uncertainty on the semiconductor market will always keep an eye on. The group remains vigilant and adaptable in the changeable economic conditions and uses the opportunity to make the existing technology even more effective.