Varta to cut 350 jobs after losing major customer

Varta will cut 350 jobs and end button cell production after losing a key client. The contract ends in October as work moves to a Chinese supplier.

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Varta will cut 350 jobs and halt button cell production in Germany after losing its primary customer. The restructuring follows the loss of a contract for rechargeable CoinPower cells used in Apple Inc. AirPods. Production will shift to a Chinese supplier.

Apple Contract Loss Triggers Production Halt

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