EMCC European Monitoring Centre on Change

Triumph

Company/Organisation:
Triumph

Geographic Location

Country: World
Location of affected unit(s): Austria (Oberpullendorf, Aspang, Oberwart, Wiener Neustadt), China (Hainan)

Company

Sector: Manufacturing
Manufacture of textiles, apparel, leather and related products
14.14 - Manufacture of underwear
Number Employed: 36000
Group: Triumph International

Employment Effects

Announcement Date: 11-04-2013
Planned Job Reductions min: 3050
Planned Job Reductions max: 3050
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-09-2013
Direct Dismissals: 3050

Additional Information

Swiss manufacturer of underwear Triumph is planning to make a considerable number of redundancies among its workforce in Austria and China as part of a broader cost cutting drive. It has been reported that the company is planning to reduce its headcount by 350 in Austria, closing down two production sites (Oberpullendorf and Aspang) and reducing its workforce at company sites in Oberwart and Wiener Neustadt where the company has its Austrian headquarters (for more information see Triumph- AT2012).

According to a company’s spokesperson the job reduction measures will be put into place starting in autumn 2013 by which time a social plan for the 350 affected staff will be set up. Seamstresses are mostly affected by these redundancies. The multinational company, which employs around 36,000 staff worldwide, is planning to shift its production increasingly to Portugal and Morocco. Triumph is also planning to close one of its production plants in Hainan (China), which will result in a further 2,700 redundancies.