Palmers Textil AG: Refurbishment process concerns 539 employees!

Palmers Textil AG: Refurbishment process concerns 539 employees!

Niederösterreich, Österreich - Palmers Textil AG has initiated a renovation procedure in self -administration in order to overcome financial difficulties. This drastic measure was necessary due to a lack of capital inflows. As kosmo.at , this crisis affects a total of 539 employees in over 100 branches, which illustrates the extent of the financial situation.

Michael Pieber, Managing Director of the GPA union in Lower Austria, expressed that the employment relationships for the employees are currently continuing normally. The union and the Chamber of Labor will in future offer online company meetings to comprehensively inform all those affected. Planned information events will take place next Friday and Monday, in which open salary claims are also discussed. "We have set up an information page at GPA.at/palmers on which affected employees can find out more," continued Pieber, while he emphasizes that the union is working closely with the works council and chamber of workers to protect the rights of employees, as well as from OTS is confirmed.

Future of Palmers in the Schweben

Despite the current crisis, Palmer's hope for a turn. Discussions with potential investors are continued, and the company actively pursues measures to reduce costs and digitization strategy, everything with the aim of revitalizing the brand in the medium term. The efforts focus on making Palmers a successful company again, which shows that management is pursuing a clear plan to master the challenges.