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    News related item Flextronics/Arima: Layoffs in Notebook Group

    Discussion in 'Other Manufacturers' started by NGH, Oct 27, 2008.

  1. NGH

    NGH Notebook Evangelist

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    Flextronics lays off employees in Taiwan, says paper

    Latest news
    Apple Daily, October 27; Joseph Tsai, DIGITIMES [Monday 27 October 2008]

    Singapore-based EMS provider Flextronics International has is reportedly laid off around 70 employees at its Taiwan office, while a further cutback is expected in the near future, according to a Chinese-language Apply Daily report citing sources at the company.

    Most of the employees who were laid off are from the company's recently acquired notebook and server businesses. The cutbacks are due to the declining global economy, added the paper.

    original link: http://www.digitimes.com/news/a20081027PB200.html
     
    NGH, Oct 27, 2008
    #1
  2. Shane@DARK.

    Shane@DARK. Company Representative

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    Oof. They better stay in business.
     
    Shane@DARK., Oct 27, 2008
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  3. NGH

    NGH Notebook Evangelist

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    I really wonder what it may mean for hardware/software support and updates for the W840 DI...
     
    NGH, Oct 27, 2008
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  4. dtwn

    dtwn C'thulhu fhtagn

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    They'll be fine, their net loss was about 600+ mil for FY Mar 2008, but that was due in part to a huge amortization expense, as well as the 700 million in income tax they had to cough up.
    At any rate, they made 27.5 billion dollars in sales last year. I''m sure they can afford 70 employees.
     
    dtwn, Oct 27, 2008
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  5. __-_-_-__

    __-_-_-__ God

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    It means absolutely nothing.

    It's a normal thing since they bought arima, they are just restructuring the company.
     
    __-_-_-__, Oct 28, 2008
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  6. Shyster1

    Shyster1 Notebook Nobel Laureate

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    That's normal and the only thing it means is that the company is cutting costs (which means it's more likely to stay in business) by eliminating redundant positions resulting from the acquisition - no point in having two bottle-washers when one will do just fine.
     
    Shyster1, Oct 28, 2008
    #6