Fact Sheet Details
Construction group Porr is to cut 74 out of its 270 jobs at its Vienna headquarters.
This is part of the restructuring programme 'fit for future' and aims at increasing efficiency and optimising the construction site management. In a first step, the personnel costs will thus decrease by about € 5 million annually. The group was making a loss of € 72 million in 2011, after making a profit of € 16.7 million in 2010.
The 74 staff members were registered with the Public Employment Service's early warning system on 25 June 2012. A social plan for them has been developed and a work foundation will be available for the concerned employees.
Die Presse, 26-06-2012
Der Standard, 26-06-2012