Following the news on November 2, that it would end operations at its headquarters in Thun, Swiss equipment manufacturer, Meyer Burger opened a consultation process for employees to make suggestions for its cost efficiency program.
Having reviewed the submitted proposals, Meyer Burger has now announced 100 jobs, out of 180 in manufacturing, logistics, purchasing and production planning, will definitely go. A further 60 are “dependent upon the results of various strategic alternatives,” said the company in a statement released.
It added, “Successful solutions are also being arranged for the 26 apprentices who are affected.”
The changes at Thun will be implemented over the next 15 months, with most of the transformation expected to be complete by the end of 2018.
Popular content
Implementation of the program will cost around CHF 10 million (US$10.084 million) in product transfer and personnel costs; while a one-off charge of CHF 40 million due to impairment of assets and write off of inventory will be recorded in 2017 financial results.
At the start of November, Meyer Burger said it would move its diamond wire production to China, while its proprietary Busbar technology and JT laminators will be discontinued.
Going forward, the company has said it will focus its module strategy on establishing Smartwire Connection Technology as an industry standard.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.