Posted on 06/27/2002 6:58:42 PM PDT by Willie Green
For education and discussion only. Not for commercial use.
SOUTHFIELD, Mich. (AP) — Citing a downturn in orders, DENSO International America Inc. announced Thursday that it was eliminating a total of 177 jobs at two of its California facilities.
The North American arm of Japan-based DENSO Corp. said it was cutting 80 jobs at its DENSO Wireless Systems America Inc. manufacturing facility in Vista, Calif., and 97 positions at its LA Laboratories facility in Carlsbad, Calif.
The company will provide the laid-off employees with severance packages and career transition assistance, he said.
DENSO Wireless Systems America will continue producing automotive electronic components, while LA Laboratories will focus on research and development.
Telematics are wireless communications systems designed into cars.
DENSO, a manufacturer of components for most of the world's major automakers, employs 87,000 people in 30 countries. Global consolidated sales for the fiscal year ended March 31 totaled $18.1 billion. In North America, DENSO employs 14,000 people at 23 locations.
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