A123 cuts jobs at battery plant touted by White House

Newswire

* A123 cuts 350 temporary, staff workers in Michigan * Battery maker heralded by White House for job record * Job cuts prompted by reduced orders from Fisker * A123 shares up 8.6 percent By Kevin Krolicki Nov 29 (Reuters) - A123 Systems has cut 35 percent of the workers at two Michigan plants that supply lithium-ion batteries for electric vehicles in response to a reduction in orders from major customer Fisker Automotive. A123 cut about 225 full-time workers on temporary ...

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