US EditionSwarovski Cuts up to 400 Positions in Tyrol
12 Articles
12 Articles
Hardly any utilization, the fears were great and since Thursday the job reduction at the Swarovski headquarters in the Tiroler Wattens is fixed. By the end of 2026 400 employees are to be dismantled. The works council is "not quite surprised". However, the Chamber of Labour speaks of "Landesverrat" and a "declaration of bankruptcy". The country takes the corporate management into the obligation – however, this affirms: "The location remains!" "U…
The dismantling is to be done by dismissals and retirements, as well as by voluntary departures. As a reason, the group mentions external circumstances.
der Standard AT
der Standard DEThe Wattens company cites as the reason for "external challenges" such as commodity prices, wage costs, exchange rate fluctuations and tariffs
Crystal group Swarovski announces the dismantling of around 400 jobs at its headquarters in Wattens in Tyrol by the end of 2026 – through redundancies, voluntary exits and retirements. The reason for this is weak orders in the B2B sector, rising production costs and difficult conditions, while the jewellery business continues to run solidly.
Salzburger Nachrichten
The crystal group Swarovski is building up around 400 jobs at its headquarters in Tyrol. This is to be done by terminations, voluntary departures and retirements by the end of 2026. Until then, the employee position at the headquarters is to fall from currently 2,480 to around 2,100, according to a press conference in Wattens on Thursday. The reason for the measure was called the B2B business, which is important but weak for the location.
Wattens site manager Jérôme Dandrieux now confirmed the job baldness in Wattens and announced details about it. In the coming year at least 400 jobs will be cancelled, the remaining employees will work less. Nevertheless, they want to invest in the site.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
