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Alcoa to lay off more than 700 at Hungary plants

Alcoa, the world's biggest aluminum company, will lay off 730 workers at two of its plants in Hungary, the Hungarian unit's PR director Ferenc Furulyás said when asked by MTI.

Alcoa will lay off 650 people at its plant in Mór between the end of January and the end of April, Furulyás said. The plant, which has 3,047 staff, makes integrated electrical distribution systems, plastic components and electronics.

Alcoa will lay off 84 people at its flat rolled products plant in Szekesfehervar. A timeframe for the layoffs has not yet been established, Furulyás said. The plant now has a staff of 730. (MTI – Econews)