Car manufacturer Kia Slovakia, one of Slovakia’s leading exporters, will switch to a one shift operation as of Monday, February 16 because the company’s management decided that the downturn in demand globally and especially Europe, requires them to do so, Kia spokesman Dušan Dvořák told the TASR newswire on February 12.
The company will eliminate its second shift and those employees not working will stay at home on 60 percent of their normal salaries, Dvořák told the TASR.
"We are taking such measures due to the economic crisis and a significant drop in sales of our new cars within the whole of Europe, which directly influences our production," he said.
The company does not plan any layoffs and is trying to find ways to lower operating costs and prevent redundancies. Kia currently employs around 2,700 people. TASR
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
13. Feb 2009 at 10:00