Ringier cuts 40 jobs in newspaper printing

Ringier Print Adligenswil is cutting 40 of today's 300 full-time jobs in newspaper printing. The cuts will be staggered until the end of 2009 and will be carried out in a socially responsible manner.

 Ringier Print Adligenswil is cutting 40 of today's 300 full-time jobs in newspaper printing. The cutbacks will be staggered until the end of 2009 and are to be carried out in a socially responsible manner. Ringier Print announced on Thursday that 32 people will be made redundant or will take early retirement. The remaining eight jobs will be cut through natural fluctuation.
At the same time, Ringier Print is investing CHF 65 million in new production facilities, as has been known since the end of June. This is "a commitment to the newspaper medium and to the Adligenswil site
", reads the press release.

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