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Electronics Production | January 26, 2006

Lexmark to cut 1000 UK jobs

Printer maker Lexmark is ending production of inkjet cartridges in Rosyth, Scotland. The company will transferring its manufacture to a low-cost country. Up to 1,000 jobs are in danger.

The moves come in response to a weak Q4, with net income for the quarter dropping 47 per cent year on year. According to the Register, in 2002, The Scottish Executive doled out £900,000 in "regional selective assistance" to Lexmark Scotland, supposedly safeguarding 200 jobs.
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