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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.

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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.


SAN FRANCISCO -- Global IT spending will be flat in 2009 on diminished demand for hardware, a top analyst said today.

IT hardware revenues are forecast to drop 8% year-over-year, Deutsche Bank analyst Chris Whitmore wrote in a research note.

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