One of the biggest employers in the Stara Lubovna region, Panasonic, is slimming down its workforce by almost 20% due to a 50% drop in orders.
At present Panasonic Electronic Devices Slovakia employs 515 people, but around 100 of them will soon be out of a job, mostly manual production workers.
The factory in East Slovakia produces TV tuners, wireless devices and control panels for industry.