Swarovski to cut HQ headcount by a third as it restructures business

Jewellery group Swarovski intends to reduce headcount at its Austrian headquarters by a third, the company has confirmed. Some 1,600 posts will be cut as part of a major restructuring programme. Around 4,600 people are currently employed at the Wattens facility, near Innsbruck. Reuters said the cuts were in response to tough competition and coronavirus-related … Continue reading Swarovski to cut HQ headcount by a third as it restructures business