TURGI, SWITZERLAND -- Enics Schweiz will cut up to 25% of its workforce here as part of cost-cutting measures aimed at returning the EMS site to profitability.
The plant, which specializes in industrial electronics, said it would consider laying off up to 40 of its 170 employees through next April as it grapples with effects from the higher Swiss currency.
Enics reiterated its long-term support for keeping the Turgi plant open, calling it in a press statement that "one of the key locations in the global Enics network."
The Enics Group believes in the sustainable value of a Swiss business unit. The operating environment in Switzerland under the influence of a strong Swiss Franc has become more challenging in the past 18 months. As a consequence, the profitability and competitiveness of Enics operations in Switzerland have suffered."
“To secure our position as an attractive and reliable electronics manufacturing services partner we are planning to adjust our cost structure to the current and future sales volume. We intend to reorganize our structures in such a way, that we will be able to fulfill our customers’ needs within a leaner, more flexible and agile organization”, said Daniel Buser, general manager, Enics Schweiz AG.
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