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MarketsDünyaTurkish, translatedFiled 6 days ago

Giant company is closing its Gebze factory: 183 people will be laid off, 293 million TL in compensation will be paid

Original headlineDev şirket Gebze fabrikasını kapatıyor: 183 kişi işten çıkarılacak, 293 milyon TL tazminat ödenecek

Open the sourceReported by Dünya, dunya.com, 6 November 2026

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Alarko Carrier said it will halt production at its Gebze plant on February 28, 2027, as part of a restructuring that will terminate the contracts of 183 employees. The company expects severance and notice payments to reach roughly 293 million Turkish lira, while its Eskişehir factory will keep operating. The move matters because it shifts the company’s manufacturing footprint and carries a sizable one-time cash cost. Investors will watch for the final cost of the restructuring and how production is absorbed by the remaining Eskişehir operations.

Muhabbit's AI wrote this summary in its own words from Dünya's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

Alarko Carrier, Gebze factory, 183 employees, Eskişehir Factory