Kitron Microelectronics reduce 15 employees in Sweden

This is the result of lower order intake and lowered projections from customers. The consequences of this is an overcapacity at Kitron's site in Jönköping. Kitron Microelectronics AB has therefore decided to review and adjust organisation and capacity at the site. A notice has been sent to the authorities involving 15 employees. All employees as well as the local Works Council has today been informed. Formal negotiations have been initiated by the company and will start at once. It shall be noted that the 15 employees now annonced at Kitron Microelectronics were inlcluded in earlier announced capacity adjustment at Kitron Sweden of 60 emloyee. All employee numbers above are expressed as full time equivalents.