RTL: Panalpina to lay off large part of Luxembourg workforce

Businessman looks on collapse domino effect. Stress resistance business. Financial stability. Recovery business. Evaluation of cash risks. Creating a strategy. Management and planning. Decision making

By LoadstarEditorial

26/05/2020

RTL Today reports:

The Swiss transport and logistics firm employs around 150 people in Luxembourg.

According to Radio 100,7, Panalpina is set to massively cut its workforce in Luxembourg.

A social compensation plan is expected to be signed towards the end of the week. The Swiss transport and logistics company counts around 150 employees in Luxembourg.

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