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Magna: Workstaff in Europe to be Reduced

Published: May 6, 2013; 11:02 · (Vindobona)

According to CEO Walker the factory in Graz needs to become more efficient.

Magna: Workstaff in Europe to be Reduced / Picture: © Magna

The Canadian-Austrian automotive component supplier Magna has announced to reduce its workstaff in European factories. The plant in Graz is under pressure too. CEO Donald Walker explained in an interview with Wirtschaftswoche that the Austrian location needed to become more efficient. According to Walker, Austria was a high wage country. He does not see any solution for the plant in…

This article includes a total of 212 words.

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