News Article
Reorganisation
French microsystem supplier MEMSCAP announced a global reorganisation "in
order to better adapt and react to the market evolution".
French microsystem supplier MEMSCAP announced a global reorganisation "in
order to better adapt and react to the market evolution". The company is
hoping to achieve positive earnings before interest and tax from Q4 this
year. Headcount will be reduced throughout the world, including around 40
jobs in France. Staffing would then move from 261 on December 31, 2002 to
less than 190 people. Rather than have five business units, the company will
be now organised in three - Components, Modules and Systems; Design and
Manufacturing Services; and Sensor Solutions.
order to better adapt and react to the market evolution". The company is
hoping to achieve positive earnings before interest and tax from Q4 this
year. Headcount will be reduced throughout the world, including around 40
jobs in France. Staffing would then move from 261 on December 31, 2002 to
less than 190 people. Rather than have five business units, the company will
be now organised in three - Components, Modules and Systems; Design and
Manufacturing Services; and Sensor Solutions.