(Filed Under Fashion News). Tefron, an Israeli manufacturer of seamless lingerie, activewear and swimwear, has announced plans to layoff approximately 15 percent of their employees. This is part of a “streamlining plan” recently approved by the company’s board of directors.
Through the plan, the company also plans to combine productions sites in Jordan, and “increase the efficiency” of their knitting process. They will also expand marketing activities in Europe and open a factory surplus store in Israel.
The company sited the global economic slowdown as their reason for taking these measures.see more
Disclaimer: The views expressed in comments published on bodymagazine.us are those of the comment writers alone. They do not represent the views or opinions of Bodymagazine or its staff.
NOTE: Your Email will not be displayed.