ZURICH—Swiss elevator and escalator maker Schindler on Friday announced 2,000 job cuts over two years after first-half profit fell more than a quarter, as the COVID-19 pandemic slammed the brakes on projects and a recovery remains years away.
Schindler’s net profit totaled 313 million Swiss francs ($338.45 million), the company said in a statement, down from 436 million a year ago.
