Haapajärvi, Finland -- Flextronics has decided to close its printed circuit assembly plant in Haapajärvi, Finland, according to European news source Evertiq. Reportedly the plant’s 120 employees will be fired.
 
The closure is said to be due to high labour costs, so production is expected to transfer to a low-cost location. As Evertiq notes, the decision is surprising since the plant hired new staff last week. However, the company did lay off half of its Hungarian workforce (950 employees) in February.

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