Elcoteq`s personnel reductions in Lohja smaller than expected
May 13, 2003
As a result of the personnel negotiations initiated in March, Elcoteq has announced that it will cut 86 jobs in terminal products and communications network equipment production functions at the Lohja plants. The redundancies will apply to 11 white-collar workers and 75 blue-collar workers. At the beginning of the negotiations Elcoteq estimated that the personnel reductions would apply to 160 people. The actual number turned out to be substantially lower mainly due to internal personnel arrangements.The personnel reductions are part of Elcoteq's efforts to restore profitability at its Lohja plants. Elcoteq currently has three units in Lohja: production of terminal products and communications network equipment, production of industrial electronics, and an NPI (New Product Introduction) Center.Source: PCBnewsline
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