MARCH 17, 2024 — VANCOUVER, WASHINGTON FACILITY CLOSURE
The company has confirmed the closure of its Vancouver Innovation Center and will lay off 120 employees in May 2024.
The company also announced a significant shift in its business strategy following the sale of its mobile electronics segment to BYD Electronics for $2.2 billion.
OCTOBER 26, 2023 — Original post…
St. Petersburg, Florida-based Jabil, one of the largest providers of contract electronics manufacturing solutions, has announced a continuing restructuring initiative with reductions in the company's workforce.
The reduction in force will impact 140 employees located in Freemont, California, and commencing on November 10, 2023. So far this year, Jabil has announced layoffs totaling 515 jobs, primarily affecting workers in Fremont and Livermore, California. It is not unusual for a contract manufacturer to adjust personnel in response to the status of third-party contracts.
According to a company spokesperson, “We do not anticipate that these employees will return to work in the foreseeable future.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?