×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

Ingram Micro slashes 1,000 jobs, closes offices

Published on .

Most Popular
Santa Ana, Calif.--Ingram Micro Inc., one of the world's biggest distributors of microcomputer products, said Wednesday that it would cut about 1,000 jobs and close several offices because of the softening information technology market. Ingram said it would shutdown its Santa Ana and Rancho Cucamonga, Calif., facilities and scale back its Miami distribution center. Ingram said the cost-cutting plan would save about $30 million to $40 million annually, but it will record a restructuring charge of no more than $15 million in the second quarter.
In this article: