Allgon lays off 49 employees

Allgon lays off 49 employees Allgon´s Business Area Allgon Systems AB, which develops, markets and produces radio-based solutions and other products for wireless telephony and data communication, announces its intention to lay off 42 employees within its units in Täby and Solna. The reason for this cut is significantly lower demand than expected from our customers, mainly in North America and Asia. At the same time Allgon AB announces its intention to lay off 7 employees at the head office in Täby. In total just over 1,300 persons work within the Allgon Group. Negotiations with trade unions concerned are in process. For further information, please contact: Lars Jehrlander President, Allgon Systems AB +46 8 540 822 63 Lars Spongberg President, Allgon AB +46 8 540 822 31 ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/27/20010327BIT00290/bit0001.doc http://www.bit.se/bitonline/2001/03/27/20010327BIT00290/bit0001.pdf