Eribel to cut staff

Sweden based EMS provider Eribel will cut staff by 15 employees. The reason is lower order volume and uncertain future outlook.

The order volume has gone down by 20-25 per cent according to CEO Börje Nilsson. He is not sure if the market slow down will last for a longer period of time or if it’s just a temporary dip. Eribel is specialised in medical, industrial, optoelectronics and offshore electronics.