Microsoft closing Hungarian factory, shedding 18,000 jobs worldwide,
Microsoft will be closing its factory in Hungary as it phases out 18,000 jobs worldwide, according to an announcement published on their website today. The phase-out is apparently part of an effort to trim down the businesses that the software giant recently purchased from Nokia.
The annoucenment, originally an email sent from a top executive to employees, says the following about the Hungarian plant:
"We plan to right-size our manufacturing operations to align to the new strategy and take advantage of integration opportunities. We expect to focus phone production mainly in Hanoi, with some production to continue in Beijing and Dongguan. We plan to shift other Microsoft manufacturing and repair operations to Manaus and Reynosa respectively, and start a phased exit from Komaron, Hungary."
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