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Shock for Winterthur: Zimmer Biomet wants to cut more than 500 jobs

The traditional manufacturer of implants, previously part of the Sulzer empire, could lay off 80 percent of its workforce. The Winterthur industrial site is facing a turning point.

Translated from German Read in German

Zimmer Biomet, a medical technology manufacturer, may cut up to 580 jobs in Winterthur, Switzerland, out of a total of 730. The company, which was previously part of the Sulzer empire, says the possible layoffs are part of its ongoing global production development. An consultation process has been opened and alternatives are being explored to limit the job losses. The company, which has a global workforce of around 17,000 and annual revenues of $8.2 billion, says it is aware of its long history in Winterthur.

Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at nzz.ch →

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