Feeds

Ingram Micro cuts jobs and costs

Cutting $25m a year

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Distributor Ingram Micro is looking for annual savings of $25m a year at its North American operation and will offshore some processes and cut jobs to make it happen.

Ingram Micro is making a final decision between two offshoring providers. It expects to have reached a decision by the end of the month.

Transaction processing, support, customer service and some technical support will be moved offshore. The changes will see 550 people lose their jobs. Field sales and management jobs will not be moving.

The disty estimates the changes will cost about $26m. But this should bring in savings of $10m in 2005, rising to $25m a year by the first quarter of 2006.

Ingram Micro Europe did not respond El Reg's phone calls by press time.

More details on Ingram's site here.®

Related stories

Ingram Micro splits CEO and chairman roles
Ingram confident on Q1
Currency effects boost Ingram Q4

Boost IT visibility and business value

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
XBOX One will learn to play media from USB and DLNA sources
Hang on? Aren't those file formats you hardly ever see outside torrents?
Class war! Wikipedia's workers revolt again
Bourgeois paper-shufflers have 'suspended democracy', sniff unpaid proles
'Aaaah FFS, 'amazeballs' has made it into the OXFORD DICTIONARY'
Plus: 'EE, how shocking, ANOTHER problem I face with your service'
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.