News
TORONTO – Celestica Inc. announced fourth-quarter revenue fell 27% from last year to $1.94 billion. The GAAP net loss was $822.2 million, down from a GAAP net loss of $11.7 million last year, largely on goodwill writeoffs of $850.5 million.
ST. PETERSBURG, FL -- Jabil will sharply reduce its manufacturing capacity around the world and lay off up to 3,000 workers, the company said. Jabil will take estimated charges of $65 million in pre-tax
restructuring and impairments costs during fiscal 2009 and 2010.
The moves will affect about 10 facilities, which Jabil did not specify. The company said 10% of the headcount reductions will take place in the US.
Jabil said the restructuring should save the firm $55 million annually.
Jabil currently employs 85,000 workers worldwide.
The moves will affect about 10 facilities, which Jabil did not specify. The company said 10% of the headcount reductions will take place in the US.
Jabil said the restructuring should save the firm $55 million annually.
Jabil currently employs 85,000 workers worldwide.
SAN JOSE -- Flextronics, the world's second largest EMS company, reported fiscal third quarter net sales of $8.2 billion, down 9.9% year-over-year.
Press Releases
- Altus Group Invests in Major Headquarters Expansion to Showcase Complete Turnkey Manufacturing Capability
- ViTrox Americas Welcomes Eric Cruz as Technical Support Engineer
- ECD Strengthens Engineering Team with New Software Development Hire
- ViTrox Americas Welcomes Doug Ennis as Senior Field Applications & Service Engineer