Relacom to shed 450
Jan 19, 2006
Relacom, formerly known as Flextronics Network Services, will shed 450 out of 4000 employees in Sweden. According to sources, Realcom is facing lower demand for its manufacturing services and is not counting on any higher volumes in the near future.
Relacom was earlier named Flextronics Network Services. The company was renamed when it last summer was sold to Norweigan Telavie.