BUDAPEST -- Flextronics International will lay off up to 950 employees -- nearly half its workforce -- at its plant in Nyiregyhaza, in eastern Hungary, Reuters reported Tuesday, citing a local news agency.

According to the report, Flextronics has advised the local officials about the layoff.

The company reportedly employs 2,000 at the plant, which makes appliances and office electronics.

The report said Flextronics cited seasonality for the impeding layoffs.

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