The management of the US group informed the Independent Luxembourg Trade Union Confederation (OGBL) and the Luxembourg Confederation of Christian Trade Unions (LCGB) about the layoffs. A social plan is intended to support the affected employees. According to the trade unions, the intention is to reduce costs in IT and finance through reorganisation.
The trade unions will meet with management on Wednesday, advocating for the utilisation of all measures available under a job retention plan.
At the Dudelange site alone, approximately 230 people are employed by John Zink, a factory that is part of the US-based Koch Group, which employs around 120,000 people globally.
Koch Industries is a market leader in equipment for the oil and chemical industries.
