Delphi Slovensko to lay off over 300

Competition

Supplier and producer of wire harnesses for the car industry, Delphi Slovensko, is struggling with uncertainties in the market. The company is to lay off several hundred at their facility in Senica, Slovakia. Concerns about the market situation from the American headquarters is said to be the reason for the layoffs, as more production is moving to more cost-effective regions such as Romania, business site Evertiq reported citing local media. As reported the layoffs will take place in two steps – from May 196 employees will be let go – a month later, the company will further reduce its workforce by 135.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.

Support the BBJ

Startups