Elbikon, Switzerland (Le Temps, Fre) – Swiss elevator (lift) company Schindler is laying off 36 people and turning to a common Swiss economic downturn solution, partial employment, the Lucerne-based company announced 28 April, Tuesday.
Results for the first six months of 2009 show sales down by more than 10 percent compared to the first quarter of 2008, to CHF3 billion. Orders have fallen during the same period by more than 15 percent compared to a year earlier.
Posted by Ellen Wallace on 28 April 2009 at 11:00, last updated on 15 May 2009 at 16:22 | permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 28 April 2009.
Filed under: Business
Tags: 2009 results, Business, Business and finance, Elbikon, elevators, escalators, layoffs, Lucern, moving stairs, Schindler, Swiss business, Swiss companies, Switzerland
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