Last Swiss paper manufacturer cuts jobs due to high costs

Perlen Papier in Root, canton Lucerne, plans to cut 65 jobs to reduce costs. In addition to measures to increase efficiency and reduce costs, job cuts are also unavoidable, the company announced in a statement on Monday. Employees have been informed of the measures and a social plan will be implemented, the statement added. +Get the most important news from Switzerland in your inbox Perlen Papier justifies the measures with persistently weak demand for paper and further consolidation in the European paper market. In order to maintain the efficiency and thus the future viability of the company, costs are to be reduced from autumn 2025 onwards. Machines will continue to operate The company's two paper machines will continue to operate. This will ensure that customers continue to receive coated magazine paper and newsprint in the usual quality. Due to the tense market situation, costs have already been reduced, but the cost-cutting measures implemented have not yet had a sufficient ... Full story here Are you the author? Previous post See more for 3.) Swissinfo Business and Economy Next post
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