ARMONK, NY -- IBM will lay off 5,000 workers in its services divisions in the US, the Wall Street Journal reported today, citing an IBM manager.

PALO ALTO, CA -- Agilent will lay off 2,700 workers as part of a major restructuring of its Electronic Measurement and Test businesses in response to a sustained 30% reduction in demand.

ST. PETERSBURG, FL -- Jabil reported second-quarter revenues fell 5.5% to $2.89 billion. The net loss was $42.1 million, down from a loss of $24 milion a year ago.

HAVERHILL, MA -- A US-based research firm and a Japanese PWB fabricator have reportedly developed a solderable thick-film circuit system on a thin flexible substrate. The ability to solder the substrate enhances its potential for use as a basic technology in printable flexible electronics, the inventors say.