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Rieter discontinues assembly at the Winterthur location

Rieter will discontinue the assembly of machines at Winterthur, due to structural changes in the market situation. The consultation process with employee representatives was completed on March 11, 2020. After discussion and detailed examination of the submitted proposals, the discontinuation of assembly and the associated reduction of 87 jobs was confirmed.

The final position was communicated to the employee representatives and the Office for Economy and Labour of the Canton of Zurich. Rieter’s employees were informed of the result. The decision will be implemented gradually during 2020. Rieter has a comprehensive social plan. The focus is on the reintegration of affected employees with the support of the Regional Employment Centre (RAV) as well as a job centre and the avoidance of hardship cases. The company intends to reduce the headcount by means of workforce turnover and early retirement, however some layoffs will be unavoidable, according to a press release by Rieter.

 

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Also Read: Rieter ::: Financial Year 2019

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