US EditionSwarovski Comments on Job Cuts: "We Believe in Wattens"
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In light of the announced job cuts at the Swarovski crystal company, headquartered in Wattens, the Austrian Trade Union Federation (ÖGB) Tyrol has appealed to the "social responsibility" of the "leading company" and the Swarovski family, identifying past "management failures." Furthermore, the acting regional chairwoman, Sonja Föger-Kalchschmied, criticized the "lack" of transparency on Monday. She stated that it remains unclear what the future …
WATTENS. By the end of 2026, 400 jobs should be lost at the Tyrolean headquarters of the crystal group. How many agreements are finally pronounced is not yet clear, said Jerome Dandrieux, General Manager.
The ÖGB Tirol criticizes "numerous management errors" at Swarovski and an "absolute intra-sparency" of the company. The dismantling of 400 Swarovski employees could not be the last job strike, the union fears.
The jewelry giant is also suffering from the decline in European and Chinese relations. The situation is not very bright.
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