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Milpitas, Solectron Timeline Tuesday, April 24 Bookmark and Share     Author
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Solectron to cut 12,000 jobs
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Milpitas Business (34)   Milpitas Bad Economic News (5)
Solectron shares fall
Solectron to slash 3,500 jobs to cut costs


year 2005 Top ^

Apr.30
  The manufacturer of electronic products announced plans to cut about 6% of its staff to bolster its bottom line


year 2003 Top ^

Mar.21  
  In early trading on the NYSE, shares fell 13 cents, or 3.8%, to $3.28

Mar.20
  
Feb.4   Solectron Shares Up After HP Deal  Electronics manufacturer signed a manufacturing and supply deal that it expects to generate $1.4 billion in sales

year 2002 Top ^

Sep.27   Solectron CEO will retire next year
  Koichi Nishimura was named CEO in 1992. For the three months, Solectron lost $2.6 billion, or $3.21 per share


year 2001 Top ^

Jun.18   Solectron cutting 12,600 jobs
  Contract manufacturer would have 20,700 fewer jobs than the 79,000 it had in February


year 2000 Top ^

Dec.18   Solectron: Profits up 74%
  Solectron Inc. handles outsourced manufacturing for electronics companies. It earned $190.6M in the quarter Oct.31 Solectron offering to buy rival
  Singapore-based rival NatSteel Electronics costs $2.4 billion.


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