Ingram Micro cuts jobs and costs
PrintCutting $25m a year
Posted in IT Channel, 11th April 2005 14:36 GMT
Free whitepaper – Managing desktop software for fun and profit
Distributor Ingram Micro is looking for annual savings of $25m a year at its North American operation and will offshore some processes and cut jobs to make it happen.
Ingram Micro is making a final decision between two offshoring providers. It expects to have reached a decision by the end of the month.
Transaction processing, support, customer service and some technical support will be moved offshore. The changes will see 550 people lose their jobs. Field sales and management jobs will not be moving.
The disty estimates the changes will cost about $26m. But this should bring in savings of $10m in 2005, rising to $25m a year by the first quarter of 2006.
Ingram Micro Europe did not respond El Reg's phone calls by press time.
More details on Ingram's site here.®
Related stories
Ingram Micro splits CEO and chairman roles
Ingram confident on Q1
Currency effects boost Ingram Q4
Free whitepaper – Straight Talk with Dell: Sending out an SaaS
Managing desktop software for fun and profit
Analyst Keynote: The Register Agile Data Center Summit
Dell PowerEdge R710 solution with VMware ESX vs. Dell PowerEdge 2850 solution
Seven ways to lower storage costs
Sign up, sign up for The Register IT security newsletter
Microsoft's Windows 7 price gamble - and why it's flawed
Managing Desktop Software for fun and profit
Intel's flash new SSDs hit by bugs