Electronics Production | March 16, 2010
PKC job cuts limited to 45
PKC Group Oyj's subsidiary, PKC Wiring Systems Oy, has today finalised the co-determination negotiations in Kempele wiring harness unit.
Negotiations were conducted on the basis of employer's initiative made on 19 January 2010, according to which the estimated need for personnel cuts totalled 45. As a result of the negotiations the need for personnel cuts was specified to 45 persons. Rationalisation measures lead to approximately EUR 0.7 million in non-recurring expenses for the first quarter on this year. This has no effect on the previously published outlook for the future. These measures are continuance for the earlier strategic decision to end wiring harnesses production and reduce support functions in Kempele.