Laird PLC cuts 5,000 jobs in US and Europe, transfers production to China and Mexico
According to Laird PLC press release: “The flexibility of our business has allowed us to respond rapidly to the slowdown. In the final quarter of the year, our direct labor will have been reduced by about 40%, or some 4,500 employees (including the normal seasonal reduction at year end), and direct and indirect overhead by approximately 14%, or some 500 employees. Our manufacturing facility in Hungary is in the process of being closed, and three of our facilities in the US will be closed or downsized significantly, with production from these sites transferred to Mexico and China.”
About Laird: “Laird is a focused electronics and technology company employing some 14,500 people in operations in North America, Europe and across Asia.“
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http://www.linkedin.com (professional networking)
http://www.indeed.com (agreegated listings)
http://www.realmatch.com (matches you to jobs)
Whole Top 10 list here:
http://jobsearch.about.com/od/joblistings/tp/jobbanks.htm
[...] to layoff 5,000 jobs in US and Europe, and plans to transfer production to China and Mexico. From layoff blog. Laird press release [...]