Location of affected unit(s):
Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
Type of Restructuring:
Planned Job Creation:
In October Kyrel and Flextronics announced a preliminary deal for Kyrel to take over the business activities of Flextronics. According to this deal, production will continue without interruption, Kyrel effectively taking over in the beginning of next year. This business transfer will save the jobs that were planned to be cut.
SEE Flextronics factsheet for more info.