ATB: Contradictions on Rumored Layoffs

Industrials › Industrial Goods ♦ Published: February 13, 2011; 15:39 ♦ (Vindobona)

A-Tec's subsidiary ATB denies media reports about alleged dismissals at the Styrian location.

ATB: Contradictions on Rumored Layoffs / Picture: © ATB

The alleged ATB plans were reported by the "Format" magazine, according to which production of industrial motors would be reduced. ATB would instead focus increasingly on small motors for household appliances in future. The plant in Upper Styria would have to be reduced accordingly.

The management of ATB denies these affirmations. "We have no intention to lay off people in…

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