Schindler

Type
Offshoring/Delocalisation
Country
Austria
Region
Ostösterreich; Wien; Wien
Location of affected unit(s)
Wien
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
New offshoring locations
Slovakia
115 jobs
Number of planned job losses
Job loss
Announcement Date
17 January 2006
Employment effect (start)
17 January 2006
Foreseen end date
31 December 2006

Description

Schindler, a company specialised in the manufacture of elevators and escalators with its headquarters in Vienna, announced on 17 January 2006 a redundancy plan affecting 115 employees. The workers to be laid off in the course of 2006 are all engaged in the escalators production segment of the firm. This business segment will be relocated to Slovakia. Hans-Peter Schwarz, the management board’s chairman, argued that increasing pressure on the costs side would make a relocation of the escalators production to so-called ‘low-wage countries’ inevitable. A social plan is being worked out by the two sides of industry. The Schindler company currently employs some 770 workers in Austria.

Sources

  • 17 January 2006: Der Standard

Citation

Eurofound (2006), Schindler, Offshoring/Delocalisation in Austria, factsheet number 62813, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62813.