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76/100 Bearish 06.11.2026 · 08:42 Finrend AI ⏱ 1 dk 👁 6 TR

Alarko Carrier to Shut Gebze Factory: 183 Employees to Be Laid Off

Alarko Carrier announced that it will cease production operations at its Gebze plant on 28 February 2027. The company said the decision is part of a restructuring process. Under the restructuring, the employment contracts of 183 workers at the Gebze facility will be terminated. The company expects to incur a liability of approximately 293 million Turkish lira for severance and notice pay. Alarko Carrier also confirmed that production activities will continue at its Eskişehir plant, ensuring that a portion of the company’s manufacturing capacity remains operational. The announcement indicates that the end of operations at the Gebze site will lead to a change in the company’s production structure, and the severance payments are expected to impact its financial statements. This is not investment advice.

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▼ down · 55%

The closure of the Gebze factory and the layoff of 183 employees, while seen as a cost-reduction step, may create operational uncertainty and restructuring costs in the short term. The stock last closed at 558, below the SMA20 (569.7), with a slightly negative 24-hour change; it remains below the MACD signal line, indicating weakening momentum. RSI is around 45 in neutral territory, with no oversold signal, leaving room for further decline. The news is likely to be perceived negatively, potentially increasing selling pressure in the short term. However, support near the SMA50 (553.9) and expectations of cost savings may limit losses; therefore, the direction is downward but confidence is moderate.

RSI 14
45.4
MACD
1.64
24h Δ
-0.36%
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