News
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.
IT hardware revenues are forecast to drop 8% year-over-year, Deutsche Bank analyst Chris Whitmore wrote in a research note.
WALLINGFORD, CT -- Amphenol Corp. reported fourth quarter sales fell 3% year-over-year to $755.3 million on lower demand for automotive and communications products.
For the period ended Dec. 31, net profits fell 1% to 98.7 million with an operating income margin of 18.9%. Sales were down about 9% sequentially for the company, which makes circuit boards and connectors.
For the period ended Dec. 31, net profits fell 1% to 98.7 million with an operating income margin of 18.9%. Sales were down about 9% sequentially for the company, which makes circuit boards and connectors.
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