Topics regarding layoffs at Tyco Electronics Ltd.

Topics regarding layoffs at Tyco Electronics Ltd.

First quarter highlights

Net sales were $3.8 billion, up 8% on a reported and organic basis year over year. Orders of $4.3 billion, up 7% year over year. Earnings per share (EPS) were a first quarter record on both a GAAP and an adjusted EPS basis. GAAP diluted EPS... —  read more 

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Post ID:  @OP+1eZca2lu

This is despicable!

So TE Connectivity closes manufacturing plant, lays people off, and then decides to buy back its shares. That's why so many people don't have a job now. So the company could buy its own shares just to artificially inflate their value. Something that... —  read more 

TE closing Worcester facility

To nobody's surprise more closings and more layoffs at TE. High-tech manufacturer TE Connectivity Ltd. (NYSE: TEL) will lay off 86 people in Worcester in the coming months as it shuts down a cable-manufacturing facility in the city... —  read more 

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Post ID:  @OP+V7e6kxH

Tyco Electronics TE Connectivity/ ICT Division in Tullahoma, Tenn., a manufacturer of electronic connectors, will lay off 33 employees...

Tyco Electronics TE Connectivity/ ICT Division in Tullahoma, Tenn., a manufacturer of electronic connectors, will lay off 33 employees because "production has been shifted to a foreign country," according to workers filing on their own behalf.

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Post ID:  @OP+rJKd0rG

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