Muller Martini announced on Thursday that turnover had fallen by more than 60 percent in the past four years. The situation has worsened since the end of 2012. This situation is forcing Muller Martini to consider a fundamental restructuring. The company informed the authorities and social partners on Thursday. Talks have been initiated with staff representatives to find a joint solution.
Felben-Wellhausen TG site to be closed
Muller Martini plans to close the Felben-Wellhausen TG site. A total of 250 of the 330 employees will probably lose their jobs. Bruno Müller, CEO of Muller Martini, said this on Thursday when asked by the SDA news agency.
Around 50 employees of Muller Martini Bookbinding Systems in Felben-Wellhausen will continue to be employed at the Zofingen AG site. According to Müller, the Zofingen, Stans NW and Hasle LU sites are not at risk. The family-owned company employs 2,440 people worldwide, 1,355 of them in Switzerland. Müller assured that socially acceptable solutions would be sought together with the staff representatives during the consultation process.
In a reaction, the Syna trade union expressed its "horror" at the planned redundancies. The first redundancies are expected as early as the end of August. It welcomed the fact that the company management had chosen an open procedure so that the employee representatives, together with the workforce and the trade union
effective solutions.
Muller Martini failed to diversify in good time, according to the Swiss Salaried Employees Association. The structural change was foreseeable. It is particularly bitter for the employees that even short-time working did not prevent the job cuts. Many would have had to forego part of their income and would still lose their jobs. A solution must be found for the 39 apprentices at the Felben-Wellhausen site. The association is calling for the social plan to be adjusted.
Turnover halved
According to the press release, the market leader's turnover has fallen from over CHF 1 billion to well under CHF 450 million over the past four years. Sales of around CHF 400 million are expected for the current year. "Despite continuous adjustments and countermeasures on the income and cost side, the losses over the last four years have amounted to a three-digit million figure," Group CEO Bruno Müller is quoted as saying in the press release. "Unfortunately, our family business can no longer bear this burden in the long term."
The aim is to maintain its position in the shrinking global market of the graphic arts industry in the future and to ensure the survival of the Group.
Search for solutions
In order to be able to continue investing in product development, Muller Martini says it must bring costs and income back into line. The size of the company must therefore be adapted to the shrunken market. The Group management is now examining solutions with the staff representatives over the next few weeks. According to the company, the focus will be on all of the Group's production sites and divisions in Switzerland and abroad.
The two underutilized main sites in Felben TG and Zofingen would be examined in greater depth. Due to the greater synergy effects, a relocation of production from Felben to Zofingen is in the foreground. (SDA)