Spectator on facebook

Spectator on facebook

CORPORATE NEWS

Two companies report layoffs

Two mid-size manufacturing companies in east Slovakia recently reported that they will lay off significant numbers of their employees as a result of decreased business. The telecommunications equipment producer Tesla Stropkov, located in northeastern Slovakia, said it would have to lay off some 400 people out of its total workforce of 1,470 if it does not sign new contracts or does not find new production programs by the end of this year, the company's management announced. A second company, SEZ Krompachy, an electrical manufacturing plant, said it plans to lay off 220 people as a result of poor performance and weak demand. The layoffs will reduce the company's workforce to 640. Before 1989, the firm employed 2,600 people. While the management blamed performance, labor unions blamed weak management for the company's skid. According to the unionists, management maintained their traditional assortment of products, and delayed planned investments.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Slovakia is the first country to test a new VAT refund app

Getting money back for buying souvenirs in Slovakia will be easier - there will be an app.

Illustrative Stock Photo

Prosecution has found errancies in criminal files related to self-employed farmers

General prosecutor feels that some prosecutors in the east of Slovakia follow their own conscience and opinion and not valid legislation.

General prosecutor Jaromír Čižnár

Begin afresh

I’m not sure if there is a typical Canadian way to get married.

Homophobic banners attributed to Ján Mrva give rise to criminal complaint

The Bratislava Mayoral candidate denies being behind the banners but has not condemned the contents argues NGO.

Ján Mrva