The tense economic situation is forcing more and more companies to tighten their belts. Now Kiefel GmbH has also decided to close its subsidiary in Upper Austria. It has been decided to close Kiefel Packaging GmbH in Micheldorf, with the loss of 130 jobs.
Kiefel GmbH announces a structural realignment and the related consolidation of its locations – with this sentence the mechanical engineering company, which is part of the Brückner Group, described the decision to close the location in Micheldorf.
This is expected to end by the end of 2025, after which the reduction of around 130 employees will be completed, says the company, which will integrate the production areas currently located in Upper Austria into other locations.
The tool shop for fiber and tilting machines and the automation of thermoforming machines are currently located in Micheldorf.
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.