Layoffs have recently accelerated worldwide – including in Austria. The latest example is the Graz AVL list, which is laying off 70 employees and eliminating 130 jobs, as announced on Tuesday.
Just a few days ago, Bosch announced that it was cutting 3,500 jobs in its home appliances division. The German company did not comment on whether Austria would also be affected. At the “Kurier”, up to 40 employees of the 175-strong editorial team at the AMS were also reported for dismissal. Twenty jobs had already been lost.
In early February, Bank Austria’s parent company UniCredit announced that it would close its IT subsidiary in Vienna by the end of the year. About 200 of the 280 employees are registered with the employment service’s early warning system, and 80 return to Bank Austria. They want to offer the others to move to UniCredit in Milan.
Cuts in all areas
And there was also bad news in the traditional sector at the beginning of this month. voestalpine saves, temporary work and overtime are reduced. In Germany there is a reduction in working hours and some staff reductions. At the end of January 2024, the Upper Austrian mechanical engineering company Engel announced that it was cutting 35 jobs in St. Valentin.
Source: Krone
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