Internal restructuring
Ostösterreich; Niederösterreich; Mostviertel-Eisenwurzen
Location of affected unit(s)
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.10 - Manufacture of motor vehicles

600 - 2,600 jobs
Number of planned job losses
Job loss
Announcement Date
23 February 2023
Employment effect (start)
23 February 2023
Foreseen end date
31 December 2024


The automotive supplier ZKW started downsizing the factory in Wieselburg, Lower Austria on Thrusday, 23rd February. The restructuring will take place until the end of 2024. In this period 600 out of 2600 jobs will be cut. The job cuts include employer terminations as well as natural departures due to the expiry of contracts and retirements, employee terminations without replacements and alternative working time models such as partial retirement. The number of direct dismissals is unclear. 

The works council has been informed and social plan negotiations are currently taking place. It was also announced that ZKW would expand capacity in China, Mexico and Slovakia, in terms of a concept for sustainable growth. Politicians from the Austrian People's Party (ÖVP) and the Austrian Freedom Party (FPÖ) comment on the job cuts as disadvantageous for the business location.

In 2022, the Group employed around 10,000 people in twelve sites worldwide and generated total sales of 1.36 billion euros.



Eurofound (2023), ZKW , Internal restructuring in Austria, factsheet number 108583, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108583.