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.

Top stories

A Slovak prisoner tattooed in Auschwitz, remained silent until he grew very old

Lale Sokolov fell in love in the concentration camp; only those close to him knew his story.

A tattoo, illustrative stock photo

Kiska: Only president can bestow awards

President Andrej Kiska turned to Constitutional Court over the law on state awards recently passed by the government.

President Andrej Kiska granting awards, January 1, 2018

Global warming is a myth, claims a hoax

According to recent hoaxes published online, snow in the Sahara disproves global warming and milk can block airways.

The snowfall in Sahara can be seen in this satellite picture.

Blog: Are flying cars coming to the skies?

At least 19 companies, including a Slovak one, are currently developing flying car planes, but there are still many issues that must be worked out.

AeroMobil