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Again, bad news from the Swiss industry: Winterthur’s Kistler Instruments company has announced job cuts. 190 jobs will be eliminated worldwide. At the Winterthur ZH headquarters alone, 30 employees are affected, as reported by the «Landbote».
The job cuts are justified by the difficult economic situation. Global structural change in the auto industry has hit the company hard, they say. This line of business represents 70 percent of Kistler’s sales.
30 missing jobs in Winterthur
The crown crisis also hurt the company. Despite the austerity measures, the freezing of staff and the reduced working hours, they could not avoid giving notice of layoffs. Of the 190 full-time positions to be eliminated worldwide, 60 will be filled through natural exits.
30 jobs will be eliminated in Winterthur ZH. In Germany 90 jobs are lost. The company expects a sales loss of 23 percent in 2020. (pbe)
