Internal restructuring
Ostösterreich; Wien;
Location of affected unit(s)
Manufacture For Transport Equipment
Manufacture Of Other Transport Equipment
30.40 - Manufacture of military fighting vehicles

160 - 210 jobs
Number of planned job losses
Job loss
Announcement Date
10 October 2013
Employment effect (start)
1 April 2014
Foreseen end date
31 July 2014


The Austrian manufacturer of tanks, Steyr, is to make between 250 and 330 of its employees redundant. The restructuring measure will be implemented from the beginning of 2014. The company, which is a subsidiary of the General Dynamics group, currently employs 400 workers, including permanent staff and temporary agency workers. According to the company's works council's chairman Mr Bauer, the job cuts are not to be implemented at once. Negotiations on a social plan have been ongoing since the summer and are almost finished. The company is about to be confronted with a lack of orders, once a large contract for the production of wheeled armoured tanks with Kuwait runs out in April 2014. 

Update, 18-03-2014:

According to new sources, redundancies have been reduced to 160 to 210. Cuts are to be made within the next few months starting in April 2014.


  • 10 October 2013: Kurier
  • 10 October 2013: Die Presse
  • 10 October 2013: Der Standard
  • 18 March 2014: Die Presse


Eurofound (2013), Steyr, Internal restructuring in Austria, factsheet number 75991, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75991.