Endicott Interconnect Goes to 4-Day Work Week

by Mike Buetow, Editor in Chief PC Fab

Endicott, NY � Endicott Interconnect Technologies is reducing its work week in order to compensate for softer PCB demand, a local paper reported yesterday.

Starting next week, almost all of EIT�s 1,750 employees will take a one-day furlough each week, in effect creating a four-day week. Executives at the IBM spinoff said the action is temporary.

�We have to contain our costs to maintain our price competitiveness,� James J. McNamara Jr., chief executive, told the Binghamton Press & Sun-Bulletin. �We�re doing everything we can to avoid a layoff.�

The reduction will last the month of February, EIT said. And continuation of worker furloughs will be determined at a later date.

As reported earlier by PC FAB, EIT laid off 200 people in November.