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Monday, May 20, 2024
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Ingram Slashes Jobs in Texas

Irvine-based Ingram Micro Inc. is cutting more than 900 workers at a wireless device repair and distribution center in Fort Worth, Texas.

The 937 positions will be cut by September, according to filings with the Texas Workforce Commission.

About 175 of affected staffers are Ingram employees, with the remaining 762 listed as contractors.

“This is due to a business reduction in that facility,” the company said in an emailed statement.

Ingram will employ about 350 people in the region following the cuts.

The developments follow the recent shareholder approval of the company’s $6 billion sale to Chinese conglomerate Tianjin Tianhai Investment Co. Ltd. and come amid a particularly tough stretch for the Texas economy, which has been battered by low oil prices and numerous bankruptcies in that key sector for the Lone Star State.

The Ingram Micro acquisition still needs the nod from several international regulators.

Ingram is the world’s largest distributor of technology products with sales of $43 billion last year.

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