Topics regarding layoffs at Tyco Electronics Ltd.

Topics regarding layoffs at Tyco Electronics Ltd.

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 

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

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

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

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