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Due to the CoV crisis, AVL List GmbH will lay off 220 employees in Graz by the end of the year. That came out on Thursday. The reason for the reduction is a “moderate order situation in the automotive industry”.
According to a company spokesperson, the step must be taken despite job shortages, downsizing and other adjustments “to position itself well for the future.”
Really active in a future field
The cause of the reduction is a “moderate order situation in the automotive industry”, a “dent”, although the technologies of the future are being developed for the mobility sector in particular. Completions take place in all areas. Affected employees should be informed in the coming weeks.
Short working hours are also extended
Since the spring, around 2,000 AVL employees in Graz, about half of the workforce, have worked short-time; Additionally, there were overtime and wage cuts, but none of that was enough to save jobs. The spokesperson announced that part-time work would also be expanded for many of the other employees. How the CoV crisis will affect sales and earnings cannot yet be estimated.
The spokesperson said the Graz powertrain developer only hired 300 new employees last year. In fiscal 2019, sales increased 12.6 percent, from 1.75 to 1.97 billion euros, and in previous years, the numbers had always been a solid advantage. The group employs about 11,500 people worldwide.
