KBA Records Jump in New Orders for Sheetfed Presses
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Given the sober market prospects for web presses, Hansen sees no alternative but to trim the payroll at KBA’s Frankenthal, Würzburg and Trennfeld plants by a further 700 in order to restore competitiveness and profitability in a much-diminished market. Following protracted negotiations with employee representatives and IG Metall in Frankenthal, talks have now started at the other two locations. The measures proposed will reduce the group workforce from 6,377 at the end of May this year (90 fewer than 12 months earlier) to well below 6,000 at the end of 2013.
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- Companies:
- KBA North America
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