General Electric will cut production at its lighting unit in Hungary and lay off 500 of its 10,000 staff, the company's Consumer and Industrial division announced on October 30th 2008.
The decision will affect eight of the unit's nine bases in Hungary. One factory, in Gyor, will be shut down. The measures will be carried out in Q4 2008 and Q1 2009.
Other GE units in Hungary will not be affected.
GE employs about 15,000 staff in Hungary.
Plus d'information sur le site:
http://www.investhungary.com/2008-11/ge-cut-production-lay-staff-hungary-lighting-unit-extended