The Luxembourg Confederation of Christian Trade Unions (LCGB) made this announcement during Monday lunchtime, revealing that the industrial company has initiated a cost-cutting strategy.
While the specific impact on jobs within Luxembourg remains unconfirmed, the Contern site, employing 850 individuals, could potentially face implications, according to the trade union.
The LCGB expressed disappointment at what they termed “more bad news” in the country’s industrial sector but highlighted previous job preservation plans resulting from the industrial tripartite, involving Dupont Teijin Films, Husky, Circuit Foil, and Goodyear.
The trade union is now urging the upcoming government to take further actions in support of the industry, while also advocating for the establishment of an outplacement unit specifically tailored to the sector’s needs.
