PCB | December 08, 2008
Ibiden lays off 430 in Hungary
Japan based Ibiden will lay off 430 of its staff in its facility in Dunavarsány, Hungary.
The company said last week that will lay off 430 employees at its Dunavarsány facility in Hungary. The reason for the cuts backs is the global financial crisis in the automotive industry segment. The company is producing PCB’s at its Dunavarsány facility.