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In July, Flyer announced some layoffs. Now everything is about to get much worse. The Swiss e-bike pioneer, headquartered in Huttwil BE and currently in German hands, is carrying out a mass layoff. About 300 Flyer employees were briefed on the details this morning. They now firmly believe in what was promised to them weeks ago. Because: The consultation process launched in recent weeks has not produced any viable alternatives to redundancies.
The e-bike manufacturer explains the difficult step: “Flyer AG has developed a restructuring program and thus secures the long-term future of the company.” The restructuring will result in the layoff of 80 people. That’s more than a quarter of the current 300 employees! A Flyer spokesperson assures: The dismantling will be carried out in as socially responsible a way as possible. A social plan was developed for this purpose.
++ Update to follow…
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
