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Amica SAAmica white goods plans layoff of up to 49 employees as part of collective redundancies
Listed white goods producer Amica plans to carry out collective redundancies of up to 49 employees, the company said in a market filing.
"The decision concerning the planned collective redundancies is based on the continuing downward trend in demand for white goods on the domestic and European markets, and thus the lower-than-expected value and volume of sales and the amount of revenue generated by Amica S.A. from products and goods offered to consumers (...), and thus the need to adjust the level of employment in Amica S.A. (in back office areas) to the current economic environment (...)," the company explained.
The collective redundancies will be carried out after the completion of consultations with the trade unions operating at the company and the exhaustion of the procedure of submitting the applicable notifications to the regional labour office.
seb/ ao/