I know as an OEM, Flex has restructuring/liquidating written-off non-profitable or unprofitable enough sites every quarter, every year but for sure 2018 will come a massive restructuring glooming! All and everything’s for the executive big fat pay and stock option plan!! This is fairly bad.
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It's going down right now and NOT limited to Louisville either. This is the biggest layoff I have seen in my 22 years with the company.
It's going down right now and NOT limited to Louisville either.
true 100%
More on Flex layoffs in KY:
Flextronics America LLC, an electronics supplier with operations at the Commerce Crossing business park in Louisville, will lay off 314 workers during the next six months.
Flex told Kentucky officials about the massive layoff plans with a Worker Adjustment and Retraining Notification Act filing on Friday. The filing said workers already have been informed of the layoffs.
Yep, 300 just like that
https://www.bizjournals.com/louisville/news/2018/02/26/louisville-technology-company-laying-off-hundreds.html