Search This Blog
Tuesday, February 17, 2009
Ingram Micro Lays Off 8 Percent Of North American Employees
And the Hits keep on coming...
The president of Ingram Micro North America, Keith Bradley, said the layoffs wouldn't impact the company's relationships with VARs or vendors.
"There will not be a service-level degradation to any customer. We've taken the last two months to work on this," Bradley said. "We're making adjustments to where we see activity levels."
"Our main priority today was to talk to our impacted associates first and then non-impacted associates. In addition, we are calling vendors and reseller partners. There are outbound calls being made today," he said.
About 100 employees were let go in the company's Williamsville, N.Y., campus, another 50 in Canada and 150 more spread across the company's Santa Ana, Calif., corporate headquarters and other centers in the United States.
"Last year was a little softer than all of us had hoped for. We had decent growth in the first quarter and the second quarter and the third quarter. But as we all headed into Q4, we saw things begin to soften and that has gotten progressively worse all over the world as newspapers and television have indicated," he said.
"We had been managing operating expenses through natural attrition and managing expenses pretty aggressively. Given what we now see for 2009, we wanted to maintain our level of profitability and we had to come up with some incremental actions," he said.
Latest Financial look.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment