Smart Molding International 2-2020

11 newsfeed www.smart-molding.com Since the beginning of 2019, the injection mould - ing machine manufacturer DESMA has already been experiencing the economic downturn, especially in the automotive industry, at increasing intensity and pace. For this reason, and additionally increased by the effects of the corona crisis, DESMA will cut 48 of the 281 jobs at its Fridingen location during the rest of this year. Of these, 16 jobs will be cut due to natural fluctuation. The establishment of a transfer company financed by DESMA for further quali - fication and outplacement enables the 32 employees to separate from DESMA in a socially acceptable way, especially in these difficult times. This measure is part of the ,Resilience’ project meant to reorganise the company and complements the short-time working, which has already been on - going since last September, the voluntary salary waiver of all executives and the ex - tensive process cost optimi - zation measures initiated. “While preparing and im - plementing this personnel adjustment we prudently and responsibly keep a close eye on the future, not only for those employees who continue to be employed, but equally for those who have been participating in the company’s growth so far and are now leaving. We are also continuing the significant investment in the SAP project for the stan - dardization of the business processes encompassing the 5 international DESMA locations”, reportedManag - ing Director Martin Schür - mann on the occasion of the works meeting already held on 11 May via internet con - ference. His colleague, Dr. Harald Zebedin, in charge of technology, added that the focus of development is on new products that are cur - rently being built to secure the future of the company. The DESMA company group operating at 5 in - ternational locations will, according to corporate planning, employ a staff of 517 worldwide at the end of the year, 233 of them in Fridingen. Due to the cur - rent situation, the compa - ny is unable to make a sales forecast for the current fiscal year. DESMA is the market leader in the pro - duction of injection mould - ing machines used for the manufacture of demand - ing technical silicone and rubber articles used, for example, in the automo - tive, electrical and medical engineering industries. DESMA www.desma.biz DESMA makes personnel adjustments and investments to secure the future e contact art-moldi.com molding.com To advertise contact marketing@smart-molding.com www.smart-molding.com • Focuse d on advanced molding technologies • Bonus distribution at major plasƟcs events • Available free on mobile, tablet and PC • Bonus distribution at major plasƟcs events PR OMOTE YOUR SMART SOLUTIONS FOR PLASTICS MOLDERS WORLDWIDE! • Focused on advanced molding technologies • Online 7.600 subscribers PR OMOTE YOUR SMART MART SOLUTIONS DERS WORLDWIDE! MAR IONS