According to media reports, US auto parts maker Johnson Controls stated that in order to promote the reduction plan, the number of layoffs of the company will reach 3,000 in the next two years. According to a Johnson Controls document, the reduction in the number of employees by approximately 2.5% over the next two years will save approximately $250 million in annual expenditure. A spokesperson for the company declined to provide further details, but said that layoffs will involve all business units and there are no geographical restrictions. On July 24 this year, Johnson Controls issued a statement saying that its automotive seating and interior business will be stripped and become a new independent company. In the future, China will continue to be the focus of development of Johnson Controls, which will have 72 seats and interiors in China within two years. The spin-off will enable Johnson Controls to focus its efforts on profitable construction facility efficiency business and automotive battery business. The former’s operating income was US$14.16 billion last year, and the automotive battery business revenue was US$6.63 billion last year. smtplaza is specilizing in offering Surface mount technology parts, Samsung SM feder, SM nozzle, CN feeder, CN nozzle,samsung sm ball screw,samsung sm vavle,samsung SM pcb,samsung feeder parts, feeder accessorise, samsung feeder taoe guide, With prompt, professional, friendly service at competitive prices, and wonderful warranty service. We will find virtually any part you are looking for, regardless of original manufacturer or vintage, delivered anywhere in the world . Samsung SMT mounter Nozzle, Samsung SM Pickup Nozzle, Hanwha pick place nozzles, SMT special nozzle , Hanwha SMT nozzles SMTPLAZA CO., LIMITED , https://www.smtpartsupply.com
Johnson Controls production line
Johnson Controls cuts 3,000 jobs or layoffs in the next 2 years