Weak demand: Lasco reduces working hours

The Pöndorf-based firm Lasco is reacting to the troublesome financial state of affairs by decreasing working hours: the 70 workers have been working 13 % much less since Might 14, and wages and salaries might be decreased by eleven %, as the corporate introduced in a press launch on Tuesday. The explanations given are the stagnating economic system, excessive inflation and the tense rate of interest state of affairs. The measure is to use till the top of the yr and is exclusive within the firm’s historical past, which dates again to 1987. The corporate needs to make “mandatory financial savings” with this step. There might be no layoffs: “Each layoff we subject attributable to a scarcity of labor wouldn’t solely have an effect on us personally as a household enterprise, however would additionally put a pressure on our procedures and processes,” say managing administrators Werner and Johannes Landrichinger.

Lasco focuses on hay drying and hay cranes and is taken into account an innovation driver right here. Wooden tongs, cone splitters and multi-purpose grippers are additionally developed and constructed. In 2023, gross sales of 19 million euros have been achieved. The export quota was 60 %. Along with the German-speaking area, France and Italy are vital gross sales markets.

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