Originally published Thursday, January 8, 2009 at 6:52 PM
Comments (0) 
E-mail article 
Print view
Intermec to cut 150 jobs, 7% of work force
Intermec (IN), the Everett manufacturer of data-tracking technologies, said it will cut 150 jobs, saving up to $16 million a year.
Intermec said today that it would cut 150 jobs, or 7 percent of its global work force, mainly in selling, general and administrative areas, as it responds to the global economic meltdown. The Everett company said the job cuts will save up to $16 million a year.
Intermec, a manufacturer of data-tracking technologies, also said it expects its fourth-quarter revenue to be in the lower half of its previously forecast range of $220 million to $230 million. It will report its full financial results Feb. 5.
Intermec had announced in July that it would eliminate 260 jobs, 180 of them local, as it outsourced assembly work to Southeast Asia and restructured service operations.
Copyright © 2009 The Seattle Times Company
More Business & Technology headlines...
E-mail article 
Print view Share: 
Digg 
Newsvine
The local, public face of Chase, Phyllis Campbell is trading on trust
10 investing missteps to avoid
Sunday Buzz: Boeing fighter to run on biofuel; Mastro bankruptcy trustee keeps job
On the Economy: Washington state has to play the add-value card, not low-cost-leader ace
Mourners gather at KeyArena for slain officer's memorial
Mourners gathered at KeyArena for the memorial service of Seattle police Officer Timothy Brenton on November 6, 2009.
Procession for slain SPD officer
Election Night: Approve R-71
Election Night: Reject R-71
Election Night: Joe Mallahan
Election Night: Mike McGinn
Election Night: Susan Hutchison
Election Night: Dow Constatine
Candlelight vigil for Officer Brenton
Flying Elephant on Aurora
nwjobs
Post a comment
Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
Open Houses | Find this weekend's open house listings.  Or search by location: |
- Flags were key link to cop slaying, bombings
- Suspect shot as city mourns slain officer
- Bombs, guns found at home of suspect in Officer Brenton's slaying
- Briefs | Soccer: New Mexico suspends hair-pulling player Elizabeth Lambert
- How an underdog named Mike McGinn took City Hall
- Huskies suffer another heartbreaking loss to UCLA
- 3 Cascade Mountain passes close due to snow; more rain, wind expected Sunday
- McGinn pulling away as late ballots come in
- Using anti-shooter tactics, civilian Army police officer brought down gunman
- Heavy snow in Cascades shuts down roads
- UCLA game thread 940
- Weapons, bomb-making materials found in suspect's apartment 336
- U.S. House passes health plan 328
- Bombs, guns found at home of suspect in Officer Brenton's slaying 229
- Decision day for health care in the House 209
- Grading the game 153
- Referendum 71 show's Washington's strategy for marriage equality is working 135
- Huskies suffer another heartbreaking loss to UCLA 108
- Sounders FC-Dynamo playoff Game 2 thread 76
- How an underdog named Mike McGinn took City Hall 73
- Suspect shot as city mourns slain officer
- Flags were key link to cop slaying, bombings
- The birth of 'Grunge,' in photos by Michael Lavine
- 10 investing missteps to avoid
- How do innovators think?
- 10 ways to take control of your health
- Bombs, guns found at home of suspect in Officer Brenton's slaying
- Danny Westneat | Lee the Horse Logger found slow wagon shrank tumor
- Tlingit heritage helps glass artist Preston Singletary break new ground
- How an underdog named Mike McGinn took City Hall
