IEC Cuts Workforce in Newark, NY

Newark, N.Y. – IEC Electronics Corp. today confirmed a workforce reduction of approximately 73 full time employees at its Newark, NY facility. Jeffrey T. Schlarbaum, President & CEO of IEC Electronics commented, “We continue to proactively manage our expense structure as we move through the turnaround. As an outsourced contract manufacturer, our workforce needs fluctuate commensurate…

O2Micro Cuts Workforce

George Town, Grand Cayman– O2Micro(R) International Limited (Nasdaq:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, today announced that it is refocusing the Company’s Intelligent Power Management Business Unit to better align its resources to focus on its new tablet and smartphone Power Management products. The strategy is…