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Chopard plans to cut 28 jobs in Switzerland's Val-de-Travers
🇨🇭 Switzerland /Economy & Trade

Chopard plans to cut 28 jobs in Switzerland's Val-de-Travers

From Le Temps · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Chopard is initiating collective redundancies affecting 28 positions at its Fleurier Ebauches and Chopard Manufacture sites in Val-de-Travers, Switzerland.
  • The layoffs follow a period of intermittent use of reduced working hours (RHT).
  • The staff delegation has one week remaining to propose alternatives to the planned job cuts.

Luxury watchmaker Chopard is set to cut 28 jobs at two of its production sites in Fleurier, Switzerland, located in the Val-de-Travers region. The news, confirmed by the newspaper Le Temps, follows weeks of speculation about potential layoffs. The affected entities are Fleurier Ebauches and Chopard Manufacture, both dedicated to watch production.

The decision comes after a period where the company intermittently utilized reduced working hours (RHT) schemes. Chopard currently employs nearly 220 people in the valley. The union Unia confirmed that a consultation period for the redundancies began nearly two weeks ago.

The staff delegation has one final week to present alternative solutions to management to prevent the planned job cuts. The exact reasons beyond the intermittent RHT usage were not detailed in the provided text, but the move signals a restructuring or cost-saving measure within the company's Swiss operations.

DistantNews Editorial

Originally published by Le Temps in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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