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Date: | Mon, 4 Jun 2007 10:48:50 -0700 |
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"Flextronics said the combined entity could cut costs by up to $200
million, although it could take as much as 24 months to integrate the
companies. "
This quote is the foreshadowing.
Ask yourself how they cut costs...
Does this fall under the heading of what the MBA crowd is calling "creative
destruction?" ;-)
At 10:15 AM 6/4/2007, Dave Seymour wrote:
>News story:
>
>http://money.cnn.com/2007/06/04/technology/flextronics_solectron.reut/?postversion=2007060407
>
>Dwight Mattix wrote:
>
>>standby for the usual round of post consolidation plant closures and layoffs.
>>
>>At 08:20 AM 6/4/2007, you wrote:
>>
>>>Interesting industry news bulletin out on the wires this morning:
>>>Solectron
>>>has been purchased by Flextronics for $3.6 Billion. Consolidation of
>>>Tier 1
>>>CEMs continue.
>>>
>>>Phil Zarrow
>>>ITM Consulting
>>>Durham, NH USA
>>>www.ITMconsulting.org
>>>
>>>
>>>
>>>************************************** See what's free at
>>>http://www.aol.com.
>>>
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>--
>Dave Seymour, CID+
>Catapult Communications Inc.
>800 Perimeter Park Dr, Suite A
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