American Tech Company Shyft Sells Office in Serbia, Workers’ Fate Uncertain

Source: Bloomberg Adria Thursday, 30.11.2023. 14:47
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The American tech company which operates in the moving sector Shyft Moving has undergone major structural changes and it is very likely that the entire team who has worked in their office in Serbia will be left jobless, writes Bloomberg Adria.

The local branch office is registered as Shyft Moving d.o.o. Beograd-Zvezdara and, according to the latest official data, it has 77 employees, but since then, the operations have been expanded and an unofficial estimate is that over 100 people work there. It was recently sold to a local entity, and according to the employees, it is likely that they will all soon be fired.

– What has happened is that one of the members of the management of the company from the United States of America (USA) has told us that they split the operations into the Serbian part and the American part, that the Serbian part was then sold to a Serbian buyer, and that the American one is still being sold – an employee at Shyft Belgrade said for Bloomberg Adria.


The employee added that the U.S. seat employed “no more than 20 people”, who had now taken upon themselves the cooperation with the key client, whereas the people in Serbia had been left without tasks on which to work.

– They informed us this Monday that the Belgrade branch office had been sold and since then we have not had any work and we haven’t had any orders from the employer – the source stated.

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