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Electronics Production | August 12, 2009

Layoffs at Elcoteq in Hungary will start in September

evertiq reported earlier this week that EMS provider Elcoteq will layoff 700 employees in Hungary.
According to the latest information the layoffs will start already in September. The company will layoff approximately 400 own and 300 temporary employees. Main reason is said to be falling orders.
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January 11 2019 8:28 pm V11.10.27-1