Doppelmayr

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Austria, other locations
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.2 - Manufacture of other general-purpose machinery
28.22 - Manufacture of lifting and handling equipment
190 jobs
Number of planned job losses
Job loss
Announcement Date
14 October 2020
Employment effect (start)
14 October 2020
Foreseen end date

Description

International producer of ropeways, cable cars and ski lifts, Doppelmayr, announced that it will cut 190 jobs worldwide, including 95 positions in Wolfurt, Austria. The job cuts are to be carried out as a result of the COVID-19 pandemic; at Doppelmayr, sales are expected to decline by a third for the current 2020/21 financial year. The conditions of the programme will be negotiated with employees’ representatives as the dismissals should be as socially responsible as possible.

Doppelmayr, headquartered in Wolfurt, Austria, is the world market leader in cable car construction. Currently, Doppelmayr employs around 3,4000 people worldwide, including almost 1,700 in Austria.

Sources

Citation

Eurofound (2020), Doppelmayr, Internal restructuring in World, factsheet number 102397, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/102397.