Spectator on facebook

Spectator on facebook

PPS Group dismisses 180 people, may rehire them later

Engineering company PPS Group Detva (Banská Bystrica region) confirmed on Monday, November 12, that it is to lay off 180 employees at the end of this year. The company has a total of 1,500 employees, of which 1,180 have work contracts directly with the company.

Engineering company PPS Group Detva (Banská Bystrica region) confirmed on Monday, November 12, that it is to lay off 180 employees at the end of this year. The company has a total of 1,500 employees, of which 1,180 have work contracts directly with the company.

"The redundancies will affect all posts ... including management," said general director of PPS Group Pavol Šimkovič for the TASR newswire. He added that the company will take into account the social situation of individual employees who should be dismissed. It will attempt to save the jobs of people who are the single breadwinners of their families, for example, said Šimkovic.

According to spokesman Pavel Machava, PPS Group has been facing difficult times due to a 50 percent decline in orders from their key customers. The company was in a similar situation in 2008, when it was forced to reduce its staff to a mere 560. More than one half of those dismissed were re-hired later. "If the situation improves, we're ready to rehire these people," said the general director as quoted by TASR.

(Source: 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.

Top stories

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.

Armed forces need new armour, and more

Slovakia's armed forces need to modernise their military technology, but also improve infrastructure and make soldiers' salaries more competitive.

Illustrative stock photo