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The company has to make “major changes” due to the Corona crisis.
The corona pandemic affects not just airlines and aircraft manufacturers, but downstream industries such as suppliers as well. Austrian FACC AG is also one of the interested companies: “Despite our many efforts in recent months to integrate outsourced products into our own production, expand the product portfolio through vertical integration and create around 150 new jobs on the site through these measures. We as a company will not be able to avoid adapting to the new market environment and making significant changes, “said Robert Machtlinger, CEO of FACC AG.
During the business meetings on Friday, the staff were informed that for this reason the number of employees would be reduced from the current 3,350 to 2,700: 650 employees have to leave the company based in Ried im Innkreis. The aim is to work with the unions and the works council so that “the adjustments in the workforce are socially acceptable for those affected,” as Machtlinger pointed out.
Regardless, FACC management is convinced “that the company with its 2,700 highly skilled employees at the location and a strong capital ratio of around 40 percent is very well positioned for the future. New products are in the works. development and all research projects are underway. It will be pursued without restrictions, “he says in a broadcast. According to the FACC, it will probably take four to five years until the pre-Covid level is reached again.
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