Nordic Business Report-April 25, 2006-Elcoteq SE to cut 65 jobs in Finland
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Helsinki-listed European electronics manufacturer Elcoteq SE, formerly Elcoteq Network Corporation, said on Tuesday (25 April) that it had completed its personnel negotiations in Finland.
The negotiations concerned the personnel at the Lohja manufacturing plant, the company's product development unit and the NPI (new product introduction) unit in Finland.
As a result of the negotiations a total of 65 employment contracts would be terminated and 15 persons would be temporarily laid-off on production or financial grounds.
((Comments on this story may be sent to email@example.com))