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Polish metals firm Kety to axe 5 pct of staff

Wednesday, Feb 11, 2009
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WARSAW, Feb 9 (Reuters) - Polish aluminium products maker Kety will cut 5 percent of its workforce by the end of this year as it battles the impact of the economic crisis, it said on Monday. Kety will lay off 130 workers, out of a total workforce of 2,743 in its extruded products business, which produces aluminium bars, wires and tubes, the company said. It will take a 1.5 million zloty ($429,900) charge to cover the costs of job cuts. ($1=3.489 zlotys) (Reporting by Piotr Skolimowski; Editing by Greg Mahlich)

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