Alpine to Cut a Third of its Workforce

IndustrialsConstruction ♦ Published: December 21, 2012; 17:36 ♦ (Vindobona)

The Austrian financially stricken construction company has to implement radical restructuring measures.

Alpine to Cut a Third of its Workforce / Picture: ©

Alpine, a wholly-owned subsidiary of the Spanish FCC Group, has to downsize drastically. About a third of the jobs will be cut. At the moment, Alpine employs 15,000 workers. About the half of the workforce is based in Austria. Revenues total led € 3.6bn last year.

Moreover, Alpine will withdraw from CESEE markets. The remaining core markets will be Austria and Germany.…