September 23, 2025|
AI
|2 months agoMajor Job Cuts: Thyssenkrupp Presta to Eliminate 570 Positions
The automotive industry crisis hits Switzerland as Thyssenkrupp Presta announces significant workforce reduction in Switzerland and Liechtenstein, affecting 570 jobs over the next 12 months.
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Generated IllustrationKey Takeaways
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- Thyssenkrupp Presta is eliminating 570 jobs across Switzerland and Liechtenstein.
- The workforce reduction will take place over the next 12 months.
- The cuts amount to a 25% reduction of the workforce at the affected subsidiary.
- The administrative sectors will be the primary target of these job cuts.
By The Numbers
570
jobs cut
2,000
current employees
120
current employees
25%
workforce reduction
They Said
"The situation is serious: our current structures do not allow us to compete sustainably internationally."
"The reduction of jobs is intended to ensure the company’s competitiveness."