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Swiss Steel cuts jobs

The Swiss steel manufacturer is cutting costs. In Germany, this applies in particular to the plants in Witten and Krefeld. Further measures could follow.

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Swiss Steel cuts jobs

The Swiss steel manufacturer is cutting costs. In Germany, this applies in particular to the plants in Witten and Krefeld. Further measures could follow.

·Frankfurt, Germany
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Lean Left

Another setback in the steel sector. The Lucerne-based Swiss Steel group is going to eliminate 800 workplaces worldwide. In Switzerland, the reduction in capacity will result in the elimination of 130 jobs, or 80 redundancies once natural departures are taken into account. The steelmaker Swiss Steel Group is cutting 800 full-time positions in Switzerland and abroad. The Lucerne-based group explains that it is adapting its capacities to current e…

The troubled steel company Swiss Steel is making drastic cuts.

·Zürich, Switzerland
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The steelmaker Swiss Steel Group is cutting 800 full-time positions in Switzerland and abroad. Near Lucerne, this will no doubt involve 80 redundancies.

The Lucerne-based steel specialist Swiss Steel will cut 130 jobs at its Emmenbrücke site, including 80 through redundancies, the group announced on Friday. This measure is part of a plan that affects 800 positions in Switzerland and abroad. Weak demand is the culprit.

Stefan Bollinger starts in 2 months, he decides everything behind the scenes. Confidants of the current CEO are out, branch in Brazil is in flames. Hit the ground running: This saying has rarely hit the mark as much as it did with Stefan Bollinger. The Goldman Sachs partner, who officially starts at Julius Bär on February 1st, has been making waves at Zurich's largest private bank for weeks. And [...]

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Schweizer Radio und Fernsehen (SRF) broke the news in Zürich, Switzerland on Friday, November 15, 2024.
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