The Scottish electronics industry has received a further blow, as NEC Semiconductors (UK) confirmed today that it is axing is 600 jobs at its plant in Livingston, Scotland.
The job cuts come after the electronics giant announced a huge drop in profits, prompting a major worldwide restructuring. The fallout is expected to mean a 50% cut in production at the Livingston plant.
Hideto Goto, managing director of NEC (UK), said that the current global semiconductor trading climate was considered to be the “worst ever encountered by the industry”. He added: “I see no indication of any real upturn in the foreseeable future. Given this climate, the action taken, although severe, is essential to ensure a successful future for the plant, the remaining staff and to minimise the impact on the local economy.”
The move follows Motorola’s recent decision to cut 3,000 jobs and close its mobile phone plant in Bathgate, West Lothian.
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