News
TOKYO -- Reeling from its worst downturn in 30 years, Sanyo Electric will cut up to 1,200 jobs and close one to two chip factories, the company said.
Sanyo also revised its fiscal year guidance, lowering it to flat profits from previous guidance of a profit of $393 million.
Sanyo also revised its fiscal year guidance, lowering it to flat profits from previous guidance of a profit of $393 million.
SANTA ANA, CA -- TTM Technologies, North America's largest printed circuit board manufacturer, will close its Redmond, WA, facility and lay off up to 14% of the company's overall workforce.
LIVINGSTON, SCOTLAND -- Jabil Circuit will lay off 79 workers at its manufacturing plant here, the company said.
The cuts will take the workforce to 367 staffers. A little over three years ago, Jabil cut 287 positions at the plant, which opened in 1993.
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