Major Job Cuts Hit Swiss Manufacturing

• Thyssenkrupp Presta is cutting 570 jobs across Switzerland and Liechtenstein.
• The workforce reduction represents 25% of the subsidiary's total staff.
• The company currently employs 2,000 people in Eschen, Liechtenstein.
• Thyssenkrupp Presta currently employs 120 people within Switzerland.
• The job cuts will primarily target administrative sectors.

By The Numbers

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