Flex says China jobs impacted after Huawei row [Reuters]
Flex Ltd. - Ordinary Shares (FLEX)
Last flex ltd. - ordinary shares earnings: 1/30 04:05 pm
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Source: Reuters
Flex says China jobs impacted after Huawei row - Reuters 2 Min Read HONG KONG (Reuters) - Flex Ltd ( FLEX.O ), a contract manufacturer for Huawei that is locked in a dispute with the Chinese tech giant over about $100 million worth of assets, said the market situation was affecting some of its jobs in the Asian nation. Chinese financial magazine Caixin reported late on Sunday that some 10,000 Flex jobs in China were expected to be cut as two major factories in Changsha and Zhuhai had stopped work due to its row with Huawei. While declining to comment on the report, a Flex spokesman said “after careful review of the market situation and customer need, we are offering impacted employees job opportunities within Flex Zhuhai Industrial Park and other Flex locations”. He declined to say how many employees had been affected but denied it was a layoff. A Flex source said the firm employs some 50,000 people in China, with Zhuhai being its largest base. Huawei last month said Flex had withhe
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FLEX
News
- Flex Announces Kevin Krumm as Chief Financial OfficerPR Newswire
- Flex Ltd. (FLEX) Hits Fresh High: Is There Still Room to Run? [Yahoo! Finance]Yahoo! Finance
- Flex Completes Acquisition of Crown Technical SystemsPR Newswire
- Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600 [Yahoo! Finance]Yahoo! Finance
- Flex Acquires JetCool to Expand Data Center and Power PortfolioPR Newswire
FLEX
Earnings
- 10/30/24 - Beat
FLEX
Sec Filings
- 11/22/24 - Form 8-K
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- FLEX's page on the SEC website