Specialty glass manufacturer - Short-time work continues at two Schott sites
Short-time working continues at two sites of the specialty glass manufacturer Schott. In October, the company announced that 620 of a total of around 3,300 employees at its headquarters in Mainz and more than 700 of a total of around 1,300 employees at its Mitterteich site in Bavaria would be put on short-time working. This measure, initially announced until the end of 2023, will be continued for the time being, a Schott spokesperson told Deutsche Presse-Agentur in Mainz on Tuesday.
However, there may be individual adjustments at the two sites: Short-time working could possibly be slightly increased in some areas and reduced in others, the spokesperson explained. One of the reasons given by the specialty glass manufacturer for the measures was that demand for kitchen and household appliances had recently fallen sharply following a boom during the coronavirus pandemic. Inflation had also depressed demand.
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- The German Press Agency reported that Schott, a specialty glass manufacturer, announced short-time work for over 1,000 employees in Mainz and Mitterteich, both part of their headquarters and a site in Bavaria, respectively.
- Despite initial plans to continue short-time work until the end of 2023, the company's spokesperson confirmed to the German Press Agency that the measure would continue temporarily in their Mainz and Mitterteich facilities.
- In response to decreased demand in the industry, particularly for kitchen and household appliances, Schott, based in Rhineland-Palatinate, implemented short-time work at their German locations in Mainz and Mitterteich in Bavaria.
- Amidst the ongoing short-time work at its facilities in Mainz and Mitterteich, a Schott executive mentioned possible adjustments in some areas, both increasing and decreasing the extent of short-time work as needed.
Source: www.stern.de