(Reuters) -Austrian Steel group Voestalpine will cut jobs at two sites in its home country, CEO Herbert Eibensteiner told reporters in a post-earnings call on Wednesday.
The company will reduce operations at its sites in Kindberg and Murzzuschlag in the Austrian province of Styria, which will impact around 280 full-time workers and around 60 temporary staff across both locations.
Eibensteiner said the sites had been impacted by U.S. tariffs on steel imports and rising energy and labour costs, with no real relief in sight.
Voestalpine will move from three to two shifts from January in the Kindberg plant, which Eibensteiner said had been hit particularly hard by U.S. President Donald Trump’s import duties.
The speciality steelmaker is also closing its automotive components factory in Birkenfeld, Germany from December 1, as announced in October 2024.
(Reporting by Bernadette Hogg in Gdansk, editing by Milla Nissi-Prussak)
