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TOKYO — TDK Corp. will lay off 8,000 workers and close four factories in response to a plunge in revenues.

Most of the laid off staff are full-time employees, although some contract workers will be cut as well.

TDK had 65,500 workers worldwide as of the end September quarter.
MIGDAL HA'EMEK, ISRAEL -- Flextronics' Israel subsidiary has laid off 200 employees here, according to published reports and confirmed by local management.

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BANGALORE – Essemtec India has expanded its office here to offer total SMT solutions with full sales and service support. 
 
The branch office service department will act as service hub for the Indian and Southeast Asian markets, according to Jay Kumar, managing director India.
 
“All service cases will be managed directly by the Indian service team, which is trained by the Swiss headquarters. Essemtec will be able to provide total application solutions plus operator and maintenance trainings,” he said.
 
The office was founded in 2007 as a liaison site to establish business in the region.
 
Essemtec India also will open a demo room in Bangalore during the first quarter of 2009. Additionally, the firm will use the facility for customer training and seminars.
 

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