Draxlmaier Announces 620 Redundancies in D. Streda
According to an article in daily Pravda, German automotive parts producer Draxlmaier looks set to slash its workforce in Dunajska Streda with 620 people set to lose their jobs over the next year.
Draxlmaier has already notified the labour office that it will be letting most of its workforce go. The company puts the move down to what it calls restructuring, which would seemingly mean following the general pattern of moving to increasingly cheaper labour markets.
The company is the biggest employer in and around Dunajska Streda, supplying to Audi, but the local labour market is far from capable of dealing with redundancies on this scale, unless a new large investor moves into the area.