Descents into the valley are often no longer possible, but at higher altitudes this is still possible! While winter is still omnipresent in the ski areas, at least until Easter, sporting goods manufacturer and ski manufacturer Fischer has already taken stock. Conclusion: The past financial year was in the red, 150 employees had to leave.
When the factory in Mukachevo, Ukraine, could only be used to a limited extent due to a major fire, Fischer Sports expanded the workforce at the headquarters in Ried im Innkreis (Upper Austria) to fulfill dealer orders.
In the Innviertel, this high demand is no longer noticeable: the factory in Ukraine is fully operational despite the war and, thanks to modern systems and a higher level of automation, can also operate with fewer employees than before. Yet there is now another cutback. Because: Fischer is cutting 150 employees.
Reduced demand with consequences
Twenty employees in the Innviertel have to leave, the remaining 130 will lose their jobs at the factory in Ukraine. The reason for this is the past financial year, in which many things did not go well for the sporting goods and ski manufacturer, as demand for skis dropped significantly in some areas. The result: declining sales, ultimately losses, which necessitate austerity measures and therefore staff reductions.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
