News

Austria’s Gabor axes 300 jobs

16/01/2003

Austrian shoe manufacturer Gabor has axed a further 300 jobs at its plant at Spittal, Carinthia, reducing the number of workers still employed at the facility to 600.

 

At the same time, it has voluntarily taken the step of maintaining its workers’ salaries at 93% of their previous levels, as opposed to the 55% it was entitled to under Austrian law. The company initially made 80 job cuts during July and October 2002.

To continue reading this story, please sign in or register.