April 10, 2013

Falling orders force Stadler to cut Swiss workforce

Written by  Anitra Green
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THE Stadler Rail Group, Switzerland, is being forced to reduce its workforce for the first time as a result of a falling order book. This is the result of the debt crisis in Europe and the consequent increase in the value of the Swiss franc against the Euro.

Over the next three months Stadler will reduce the number of employees at its factory in Alternrhein, which is currently more than 960, by around 60. Stadler employs about 250 temporary workers at the plant and 90% of the redundancies will concern these employees. Further reductions will be achieved by natural attrition.

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