SAN JOSE -- Jabil will temporarily shut down two factories in the Silicon Valley and furlough workers in response to weak business conditions.

Some 435 workers will be affected, Jabil reported to local media.

The two sites are located in Livermore and Fremont and perform CNC machining and mechanical assembly. The sites are a combined 150,000 sq. ft., according to the company website.

The company told local media workers would be given six days paid time off during the furloughs, which will include one week each in November and December, respectively.

Jabil took a loss of $57 million in its most recently concluded quarter.