Enormous cost pressure
Mark
Plant closures have been averted at VW, but more than 30,000 jobs are to be cut; Stellantis has extended its production break in Mirafiori near Turin until January 20 - two examples of the extent to which the crisis is being felt in the automotive industry. Suppliers are also facing corresponding challenges. From temporary layoffs and reductions in working hours to zero wage rounds: Read here how they are reacting.
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen The turbulence in the automotive industry is affecting more and more suppliers. At TCG Unitech in Kirchdorf an der Krems, after the threat of redundancies, the management forced almost all employees to say "yes" to a zero-wage round. At Stiwa, temporary layoffs (with a promise of re-employment) and reductions in working hours and thus also salary cuts are on the agenda.
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