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Swiss Steel Announces Job Cuts, Impacting 800 Positions in Emmenbrücke

Swiss Steel has revealed plans to cut approximately 800 jobs, including 130 positions at its Emmenbrücke facility. While the local economy braces for the impact, workers express mixed reactions, with some acknowledging the inevitability of the layoffs. Local politicians, including Lucerne’s Economy Director Fabian Peter, have been working to support the steel industry, emphasizing the need for national assistance. The decision has drawn criticism from the union, which questioned the timing given ongoing discussions for industry support. Swiss Steel cites rising operational costs as a key factor in their decision.

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