Intermec Lays Off 150

1/8/09Follow @gthuang

Everett, WA-based Intermec (NYSE: IN), a maker of radio frequency identification and mobile computing technologies, announced today it is reducing its global workforce by 7 percent, or about 150 full-time positions. The layoffs will be mostly in sales, general, and administrative areas, and are expected to save the company $14 million to $16 million a year. Intermec CEO Patrick Byrne cited economic conditions and uncertainties as reasons for the restructuring.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at Follow @gthuang