Intermec Lays Off 150
Gregory T. Huang1/8/09
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 National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.
