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Jabil Cuts 150 Workers In St. Pete; SEC Probe Ends
St. Petersburg-based electronics maker Jabil Circuit Inc. has some good news and bad news this week. ...more
November 26, 2008
Jabil Cuts 150 Workers In St. Pete; SEC Probe Ends
Jabil will lay off another 150 workers locally in administration and manufacturing over the next few weeks amid slumping demand for electronics worldwide. This comes after 120 layoffs this summer, bringing Jabil's local employment to about 2,000. Also, the Securities and Exchange Commission ended a years-long probe of how Jabil executives handled their stock options, ending another legal challenge that had dogged the company. ...more
November 25, 2008
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