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AMSC Cuts Jobs in Austria

Published: September 13, 2011; 18:21 · (Vindobona)

The Amercian Superconductor Corporation (AMSC) decided to cut 150 jobs at its subsidiary Windtec. In Austria, 40 positions are concerned.

AMSC Cuts Jobs in Austria / Picture: © Flickr

AMSC, which is headquartered in Massachusetts (USA), downsizes the Austrian subsidiary Windtec. In Austria, 40 of the 160 collaborators at the business location Klagenfurt (Carinthia) are being dismissed.

According to Windtech, heavy suspicions of espionage exist. The company fears an illegal transfer of know-how to China. A lawsuit has already been filed.

AMSC purchased…

This article includes a total of 176 words.

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