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The focus is on the company’s global support functions, which include IT or human resources. It currently offers a total of 450 full-time positions. About a third of these should now be removed. That will happen in late 2021.
A specific social plan is planned in Switzerland. The consultation process with the social partners is now open. Furthermore, the decrease will be offset to the extent possible by natural fluctuations or retirement.
Uncertain future
According to the company, it is difficult to estimate how the business will continue. At this point, it is assumed that aviation will take a few years to return to the pre-crisis level.
The aerospace and defense company suffered a net loss of 48 million francs in the first half of the year. In particular, the two business areas of aircraft structure construction and aircraft maintenance, which are active in aviation, have clearly felt the effects of the corona pandemic.
It is not over yet
It is true that the effects of the crisis have been cushioned with instruments such as reduced hours for up to 1,700 employees in Europe at times, the reduction of overtime and vacations, a hiring freeze and a rigid austerity course. The pre-crisis level in aviation is unlikely to be reached again until 2024/25 at the earliest, which is why this “profound transformation” has now become necessary. (SDA / lui)
