Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Austria, Ukraine
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Other Manufacturing
32.3 - Manufacture Of Sports Goods

150 jobs
Number of planned job losses
Job loss
Announcement Date
27 March 2024
Employment effect (start)
27 March 2024
Foreseen end date

Description

Austrian ski and ice hockey equipment manufacturer Fischer Sports has announced that it will cut 150 jobs worldwide.

The restructuring will affect 20 positions at its headquarters in Austria, while 130 are expected to be cut in Ukraine. The move comes as the company is suffering from declining demand in the cross-country and Alpine skiing sectors.

Fischer Sports has been operating since 1924. The company produces Austrian winter sports equipment, specifically Nordic skiing, Alpine skiing and ice hockey equipment. The company employs around 1,300 people at its facilities in Austria and Ukraine.


Sources

Citation

Eurofound (2024), Fischer Sports, Internal restructuring in World, factsheet number 201025, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201025.