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Building materials manufacturer Swisspearl’s Eternit factory in Payerne VD is about to collapse. The group wants to move production to its headquarters in Niederurnen GL and location in Slovenia.
The end of production at Payerne will likely affect 80 employees. The company confirmed a report in the “24 hours” and “La Liberté” newspapers on Thursday. All employees would be offered the opportunity to fill an equivalent position at Niederurnen. Therefore, only sales to western Switzerland, where around 20 people work at Payerne, will remain.
The company announced the opening of a consultation process. The aim is to draw up a social plan with the employee commission for people affected by the layoff. Fiber cement building materials manufacturer Eternit changed its name to Swisspearl as of this year. (SDA/kae)
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.