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Due to the global weakness in demand in the automotive and industrial electronics sectors, which has been exacerbated by the COVID-19 pandemic, and the associated decline in orders for the AT&S plant in Fehring, the company has decided to take advantage of temporary short-time working as a stop-gap measure for the AT&S Fehring location, starting on July 1st. Due to the current situation in these industries, a sensible utilization of the production capacities cannot be maintained. The planning envisages the short-time working measures to be set for the next three months; if the currently very volatile situation has largely normalized by then, normal operation can then be resumed.
Of its 10,000 employees worldwide, AT&S currently employs 400 people at its Fehring location, 320 of whom are affected by short-time work. AT&S produces products for the automotive and industrial electronics industries in Fehring. Despite the current weakness in demand, both sectors are growth sectors due to trends such as e-mobility, autonomous driving, digitalization in industry, etc. The corresponding growth impulses can therefore be expected again after an economic recovery.
