Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

10 more companies announce job losses

LABOUR offices have been notified by 10 companies since the beginning of November that they plan to make large-scale lay-offs in which almost 1,500 people could lose their jobs. Ján Sihelský, the director general of the Office for Labour, Social Affairs and Family told the SITA newswire that another 550 jobs are threatened.

LABOUR offices have been notified by 10 companies since the beginning of November that they plan to make large-scale lay-offs in which almost 1,500 people could lose their jobs. Ján Sihelský, the director general of the Office for Labour, Social Affairs and Family told the SITA newswire that another 550 jobs are threatened.

The lay-offs will affect companies in Námestovo, Nitra, Žilina, Senica, Revúca, Prešov, Dunajská Streda, Ružomberok, Trnava and Partizánske. Sihelský declined to reveal the names of the companies involved.

"So far, we are not in a situation where the Slovak labour market cannot cope with this," said Sihelský.

However, he admitted the number of dismissals has been rising. He expects further developments by key employers in the first or second quarter of next year. Sihelský named the engineering industry as the most threatened sector, followed by the electrical engineering and automotive industries; however, textiles, footwear, and glass processing firms could also face problems.


Top stories

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.

Slovaks in the UK do not have to fear Brexit

Brexit itself should not impact the position of Slovaks in the UK, an interim agreement between the European Union and Great Britain suggests.

Brexit, illustrative stock photo

Russians win the Tatry Ice Master 2018 Video

Ice-sculptors worked with a massive 50 tonnes of ice on the weekend of January 12-14; their sculptures remain on display.

The ice scupltures at Hrebienok, Tatry Ice Masters

The Bratislava airport has competition in Vienna

The airport in Vienna, only about 60 kilometres from the Slovak capital, gains 17 new low-cost airliner flights.

Illustrative stock photo