Swiss manufacturers cut jobs that sector warns won’t come back

Swiss manufacturers cut jobs that sector warns won't come back

By Brenna Hughes Neghaiwi

ZURICH, June 7 (Reuters) – Visitors say views through the glass floors in Schindler’s Auckland Sky Tower elevators offer one of the most exhilarating lift experiences in the world.

But for the Swiss workers who make the elevator parts, their uncertain future might feel as dizzying as the 220-metre drop underfoot as Swiss industry accelerates job cuts to mitigate the impact of the galloping franc.Six decades after opening, Schindler’s hometown factory in Ebikon that decades ago employed hundreds will be scaled back to under 100 employees by the end of 2017.They will focus on special orders the […]

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