Elma: Adjustment of capacities at Elma Electronic AG
April 30, 2009 | by Elma Electronics
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April 30, 2009, Wetzikon. Due to the persistently difficult economic environment Elma Electronic AG has decided to adjust its capacities in Wetzikon to the prevailing conditions.
After consultation with the employees’ representatives, the company has decided to transfer further production processes from the Swiss production site to Romania. Due to this decision a staff reduction of 16 employees is inevitable. Management strives to mitigate the consequences of this downsizing with a social plan and to avoid any hardship cases, wherever possible. The employees who are affected by this action will be informed on April 30, 2009.
Moreover, Elma plans to extend the work hour reduction to all divisions in Wetzikon as of mid May. Working hours will be reduced to 50%. This measure is currently planned for a period of three months.
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Source: Elma Electronics, Press release