Austria’s Gabor axes 300 jobs
16/01/2003
Austrian shoe manufacturer Gabor has axed a further 300 jobs at its plant at Spittal,
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.