Flex LTD
Flex Ltd is a global provider of design, engineering, manufacturing and supply chain services to companies across multiple industries, specializing in electronics manufacturing services (EMS) and original design manufacturing (ODM). The company partners with customers from concept to final product, offering solutions spanning consumer, industrial, automotive, healthcare and communications markets.
Layoff history
EMPLOYEES AFFECTED PER QUARTER · HOVER FOR DETAILS
Layoff timeline
5 EVENTSReports from Nyugat.hu and plant employees say Flex could significantly reduce staffing at its Sárvár, western Hungary plant as part of production modernization and possible relocation of a production line. Earlier August reports suggested permanent staff could fall from about 1,000 to around 400 and temporary workers (400–600) phased out, and more recent information cites potential layoffs of up to 2,000 employees by the end of the year. The company has not officially confirmed the scale or timeline of the workforce reduction, and there are discrepancies between earlier and more recent reports. Possible reasons cited include replacing manual labor with automation and moving at least one production line (reports mention a coffee machine line) potentially to Ukraine.
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