Voestalpine sets deadline for Kindberg job-cut support plan

Voestalpine Tubulars has begun talks with its works council on a support plan for about 150 workers facing job losses at its Kindberg plant, with the plan due by the end of November, ORF reported.

The planned cuts became known earlier this week. The company is due to reduce its workforce at the plant by about 150 employees by March 2027, citing high US tariffs.

Voestalpine is reviewing vacancies across the group and at companies in the region that could hire affected workers. Once the plan is complete, the company will hold individual meetings with employees affected by the cuts.

The Stahlstiftung, a career-transition programme, will also be available to help workers retrain and find jobs. It was founded in 1987 during the steel crisis at the initiative of the works council and management of the then Voestalpine. Since then, it has supported more than 10,000 people returning to work. About 500 people are currently in the programme, ORF reported.