Job cuts at Osterwalder Technology AG in Lyss
Osterwalder Technology AG, a well-known manufacturer of presses based in Lyss in the canton of Bern, has made a difficult decision. The company announced that a total of 18 jobs will have to be cut.
Originally, the plan was to cut 64 positions. However, after intensive discussions with employees and the implementation of a consultation process, this number was significantly reduced. Despite these efforts, the loss of jobs remains a significant event for the individuals affected and for the Lyss location.
With this step, the company is responding to the current economic situation. Many firms in the industrial sector are currently feeling high competitive pressure and weaker demand. The job cuts are intended to secure the company's long-term competitiveness.
The management of Osterwalder Technology has assured that they will support the affected employees during this difficult phase. Various measures are being examined to make the transition to new employment as easy as possible.
For the Lyss location, the news is a setback. The local economy and the affected families are now hoping for a stabilization of the order situation soon so that no further cuts become necessary.