Perlen Papier AG announces cost reductions and job cuts

According to the company, cost-cutting measures that have already been implemented are not enough, which is why additional efficiency increases and staff reductions are necessary.
Picture: Perlen Papier AG

Perlen Papier AG, part of Perlen Industrieholding AG, is responding to the persistently weak demand for paper by making extensive cost reductions and cutting around 65 jobs. The aim is to secure the competitiveness and future of the Perlen site.

The ongoing consolidation in the European paper market and declining demand are weighing on the industry. Following an in-depth review, Perlen Papier AG has decided to significantly reduce its cost base from autumn 2025. Despite the cuts, both paper machines will continue to operate, according to the Swiss company.

According to the company, the cost-cutting measures already implemented were not sufficient, which is why additional efficiency improvements and staff reductions are necessary. A social plan is in place for the employees affected and the statutory consultation procedure has been initiated. CEO Dr Florian Geiger emphasised that the measures were painful, but essential for the continued existence of paper production.

Perlen site remains strategic core

Paper has been produced in Perlen in an almost CO₂-neutral way for over 150 years. Thanks to modern facilities, its own hydroelectric power plants and the use of steam from a neighbouring waste incineration plant, CO₂ emissions are only a quarter of the industry average. Perlen Papier AG claims to be the largest waste paper recycler in Switzerland.

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Source: Perlen Papier AG