The Swiss National Council and Council of States have agreed to provide financial assistance to struggling steelworks in Switzerland, including reductions in electricity network usage fees. The decision aims to prevent job cuts at companies like Swiss Steel and Stahl…
Swiss Steel has revealed plans to cut approximately 800 jobs, including 130 positions at its Emmenbrücke facility. While the local economy braces for the impact, workers express mixed reactions, with some acknowledging the inevitability of the layoffs. Local politicians, including…
Swiss Steel is set to cut 800 jobs, including 130 in Switzerland, due to falling demand, particularly from the struggling German automotive industry. The company’s CEO, Frank Koch, acknowledged misjudgments in their outlook, exacerbated by high energy costs needed for…
Amid financial struggles, the Swiss steel industry, including Swiss Steel and Stahl Gerlafingen, is seeking government intervention. Protests from hundreds of workers have prompted the Economic Commission of the Council of States to advocate for emergency measures to support the…
Swiss Steel Group will cut approximately 800 jobs across Europe, including 130 positions at its Emmenbrücke facility in Switzerland. As part of a restructuring plan, 530 jobs will be eliminated, while 270 positions will see reduced hours. The company aims…
