Us Tariffs: Swarovski Optik Announces 40 Employees for Termination
5 Articles
5 Articles
Swarovski Optik manufactures binoculars, telescopes and rifle scopes. 45 percent of sales are generated in the USA. The company cites increased costs as the reason for the terminations, especially due to US tariffs.
Further job reduction in the Swarovski Empire. Optics division increases to the cost brake.
Increased costs due to US tariffs are mentioned as a reason, in 2025 the company recorded a sales increase
Swarovski Optik, a sister company of Swarovski based in Absam (Innsbruck-Land district) and a manufacturer of binoculars, telescopes, and rifle scopes, has announced job cuts. Forty employees have been registered for redundancy with the Public Employment Service (AMS), the company confirmed to the APA news agency on Monday, corroborating media reports. The reason given was increased costs, particularly due to US tariffs. The US market is crucial…
After the announced job reduction at Swarovski in Wattens there is now also bad news at the "little sister" Swarovski optics in Absam: The company is dismantling 40 jobs, was announced on Monday.
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