Slovenian liquid cooling system manufacturer EKWB has become the target of an investigation by the local labor inspectorate after the company’s employees complained to the regulator about wage delays. This happened six months after Edward Konig resumed his post as CEO of EKWB and announced a series of measures to correct the situation with delayed payments to employees.
Image source: overclock3d.net
According to the source, EKWB employees have not received salaries for a long time. The report also said that company management allegedly sent notices to employees saying that some payments “likely will not be paid until October.” It is also alleged that the company laid off several employees in July this year.
In response to a query from local publication Forbes Slovenia about the company’s earnings, financial position and salary delays, EKWB management stated that the process of covering the damage caused by the previous management is ongoing. The company declined to comment on “internal activities,” but said management had to take “unpopular” measures.
«Edward König and his colleagues at EKWB are repairing the damage caused by the previous director’s inadequate leadership and management. We understand that the actions we are taking are unpopular and have generated anger and ill will from the anonymous authors of false claims. We will not make any comments regarding the internal activities of the company,” EKWB said in a statement.
Judging by this message, EKWB is in a difficult financial situation. However, delaying employee salaries is highly unethical, regardless of the reasons. At the moment, it is difficult to say what consequences the investigation launched by the Slovenian authorities may have for the company. In any case, the situation for EKWB is not going well.