Laird cuts 5000 as handset sales slow
EE Times Europe
(12/16/2008 4:20 AM EST)
LONDON — Laird plc., a manufacturer of electromagnetic interference (EMI) shielding devices and antennae, is in the process of cutting its staff by around 5000 or 54 percent.
Laird (London), a developer of components and systems for wireless and other advanced electronic applications, is closing its manufacturing facility in Hungary which employs 500 and three of its facilities in the U.S. will be closed or downsized significantly, with production from these sites transferred to Mexico and China.
http://www.eetimes.com/news/latest/showArticle.jhtml?articleID=212500536
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