A workstation (1) of a two-for-one twisting or cabling machine which comprises a rotatably mounted spindle (2) and a balloon-yarn-guide-eye (9) height-adjustable by means of a drive (18, 29) coupled to a control device (20) which controls the drive (18, 29) in such a manner that it displaces the balloon-yarn-guide-eye (9) between operating positions (AP1, AP2) dependent upon production parameters and a resting position (RS) advantageous in the case of production interruptions and transient operating phases associated with the latter. A device (21, 23, 24, 25) is present for detecting a measured value (i), which is made available to the control device (20) and which causes the control of the drive (18, 29) to change the position of the balloon-yarn-guide-eye (9).