Hungary: Sanyo announces more than 800 job cuts

SANYO Hungary Kft. is a subsidiary and SANYO Electronic Co. Ltd.'s largest manufacturer in Europe. At the end of 2007 SANYO Hungary employed 1349 workers. The Hungarian factory has 3 divisions, the divisions for rechargeable batteries (mobile energy,) solar energy and air-conditioning. On 25 January 2008, the company announced that it will relocate the manufacturing of batteries to China by September 2008.  Due to the restructuring, 841 employees will be dismissed, but 200 workers will be re-employed in the solar energy division. Approximately half of the 841 employees who will be dismissed are Slovakian nationals. According to the manager of the company, mass  layoff was necessary due to the growing labour costs in the mobile energy sector. However, the company is planning to extend the activities of the solar energy division in Hungary in 2009.
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dismissed are Slovakian nationals. According to the manager of the company, mass layoff was necessary due to the growing labour costs in the mobile energy sector.

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