Swiss watchmakers put employees on state-funded furlough as luxury demand disappears

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The Sowind Group, owner of Girard-Perregaux and Ulysse Nardin luxury watches, has put 15% of his workforce on furlough.

https://fortune.com/europe/2024/09/04/swiss-watchmakers-put-employees-on-state-funded-furlough-as-luxury-demand-disappears/

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