SAN JOSE – Flex said it expects 2020 results to be negatively impacted by COVID-19, and the company will not meet current guidance.

At the onset of the outbreak, Flex activated contingency plans and deployed response teams to take proactive steps with the purpose of protecting the health and safety of its workforce.

"Our cross-functional teams have done an amazing job returning more than 80% of our colleagues back to work, in a disciplined and safe manner,” said CEO Revathi Advaithi. “On behalf of the Flex leadership team, my sincere thanks to all my Flex colleagues for their commitment to safety and dedication to ramping up production at our China factories. We are working intently with our supply chain partners and are well-integrated with our customers as we navigate the disruptions from this situation."