With around 160 employees, the Isovolta Group produces lightweight construction materials for the inferior of aircraft cabins at the Wiener Neudorf site. The decline in demand from Airbus and customers in Europe in the Middle East is now having an impact. Up to 80 employees will be cut, with 50 workers being able to switch to the Group's sister company Fundermax in Neudörfl or Wiener Neudorf.

"We are seeing a drop in sales of 60 percent, and even up to 80 percent for spare parts," explains Peter Höllwarth, CEO of Isovolta. “A recovery is not in sight for the time being, the pre-crisis level may not be reached again for a few years. Therefore, we are unfortunately forced to set up our production site in Wiener Neudorf. ”The year 2020 started off very well, but the corona pandemic changed everything from April 2020 onwards.

The management tries to fill positions purely internally as far as possible in order to be able to keep as many employees as possible in the company. “We deeply regret this necessary, tough step, but we have to react to the severe crisis in the industry and align our organization accordingly. In the future, our teams will be even more flexible with new job profiles, processes and procedures, ”said Höllwarth.

All 160 employees at the Wiener Neudorf site have been registered for resignation at the Lower Austria Employment Service. The managing director emphasizes, however, that this is exclusively for reasons of labor law and that the individual discussions and detailed planning will only now be carried out together with the employees.