Thread regarding Ingram Micro Inc. layoffs

Ingram Micro Inc

Ingram Micro Inc. (Ingram Micro) is a global information technology (IT) wholesale distributor, providing sales, marketing and logistics services for the IT industry worldwide. The Company distributes and markets technology products worldwide from the industry's computer hardware suppliers, networking equipment suppliers, software publishers, and other suppliers of computer peripherals, consumer electronics (CE), automatic identification and data capture (AIDC)/point-of-sale (POS) and mobility hardware worldwide. It offers a variety of systems, such as rack, tower and blade servers, desktops, portable personal computers, and personal digital assistants. During the year ended December 31, 2008, the Company acquired Eurequat SA in France, Intertrade A.F. AG in Germany, Paradigm Distribution Ltd. in the United Kingdom and Cantechs Group in China, all distributors offering value-added distribution of AIDC/POS technologies and/or mobile data to solutions providers and system integrators. For the thirteen weeks ended 4 April 2009, Ingram Micro Inc.'s revenues decreased 21% to $6.75B. Net income decreased 57% to $27.5M. Revenues reflect an lower sales from North America operations, EMEA operations & Asia Pacific operations. Net income also reflects a decrease in gross profit margins and the presence of reorganization costs. The Company is a global IT wholesale distributor, providing sales, marketing and logistics services.

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