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Ingram Micro Takes Strategic Action to Position Company for Long-Term Growth

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Ingram Micro (NYSE: INGM) announced a restructuring plan that will reduce its workforce by approximately 850 associates by the end of Q1 2025. The company frames these changes as strategic initiatives aimed at improving organizational efficiency and enhancing customer service capabilities to support long-term growth. The company stated it will provide support to affected employees in line with standard practices.

Ingram Micro (NYSE: INGM) ha annunciato un piano di ristrutturazione che porterà a una riduzione del personale di circa 850 collaboratori entro la fine del primo trimestre del 2025. L'azienda inquadra queste modifiche come iniziative strategiche volte a migliorare l'efficienza organizzativa e a potenziare le capacità di servizio al cliente per sostenere una crescita a lungo termine. L'azienda ha dichiarato che fornirà supporto ai dipendenti interessati in linea con le pratiche standard.

Ingram Micro (NYSE: INGM) anunció un plan de reestructuración que reducirá su fuerza laboral en aproximadamente 850 empleados para finales del primer trimestre de 2025. La empresa enmarca estos cambios como iniciativas estratégicas destinadas a mejorar la eficiencia organizativa y a fortalecer las capacidades de servicio al cliente para apoyar un crecimiento sostenible a largo plazo. La compañía declaró que brindará apoyo a los empleados afectados de acuerdo con las prácticas estándar.

인그램 마이크로 (NYSE: INGM)는 2025년 1분기 말까지 약 850명의 직원을 감축할 구조조정 계획을 발표했습니다. 이 회사는 이러한 변화를 조직 효율성을 개선하고 장기적인 성장을 지원하기 위한 고객 서비스 역량을 강화하는 전략적 이니셔티브로 설명합니다. 회사 측은 영향을 받는 직원들에게 표준 관행에 따라 지원을 제공할 것이라고 밝혔습니다.

Ingram Micro (NYSE: INGM) a annoncé un plan de restructuration qui réduira son effectif d'environ 850 employés d'ici la fin du premier trimestre 2025. L'entreprise présente ces changements comme des initiatives stratégiques visant à améliorer l'efficacité organisationnelle et à renforcer ses capacités de service à la clientèle afin de soutenir une croissance à long terme. L'entreprise a déclaré qu'elle fournirait un soutien aux employés concernés conformément aux pratiques standards.

Ingram Micro (NYSE: INGM) hat einen Restrukturierungsplan angekündigt, der die Belegschaft bis Ende des ersten Quartals 2025 um etwa 850 Mitarbeiter reduzieren wird. Das Unternehmen betrachtet diese Änderungen als strategische Initiativen, die darauf abzielen, die organisatorische Effizienz zu verbessern und die Kundenservicefähigkeiten zu stärken, um ein langfristiges Wachstum zu unterstützen. Das Unternehmen erklärte, dass es den betroffenen Mitarbeitern Unterstützung gemäß den Standardpraktiken anbieten wird.

Positive
  • Strategic restructuring aimed at improving operational efficiency
  • Potential reduction in operational costs through workforce optimization
Negative
  • Reduction of 850 employees indicates significant operational changes
  • Restructuring costs and potential severance payments may impact short-term financials

Insights

This workforce reduction of 850 positions represents a significant cost-cutting measure that will likely generate substantial annual savings for Ingram Micro. The technology distribution sector has been facing margin pressures and increasing operational costs, making such restructuring necessary. While the immediate impact includes restructuring charges and severance costs, the long-term benefits should include improved operational efficiency and reduced overhead expenses.

The timing of the completion by Q1 2025 allows for a measured approach to the restructuring, potentially minimizing disruption to operations. However, investors should monitor potential risks including temporary productivity dips during the transition period and possible impacts on customer service quality. The lack of specific financial details regarding expected cost savings or restructuring charges makes it challenging to quantify the exact impact on future earnings.

IRVINE, Calif.--(BUSINESS WIRE)-- Ingram Micro Holding Corporation (NYSE: INGM) today announced it is undertaking a series of restructuring initiatives that will reduce its headcount by approximately 850 associates by the end of the first quarter of 2025.

These changes aim to enhance organizational efficiency and strengthen customer service capabilities to better position the company for long-term, sustainable growth. Consistent with the company’s standard practices, Ingram Micro is committed to providing support to all associates impacted by these actions.

About Ingram Micro

Ingram Micro (NYSE: INGM) is a leading technology company for the global information technology ecosystem. With the ability to reach nearly 90% of the global population, we play a vital role in the worldwide IT sales channel, bringing products and services from technology manufacturers and cloud providers to a highly diversified base of business-to-business technology experts. Through Ingram Micro Xvantage™, our AI-powered digital platform, we offer what we believe to be the industry’s first comprehensive business-to-consumer-like experience, integrating hardware and cloud subscriptions, personalized recommendations, instant pricing, order tracking, and billing automation. We also provide a broad range of technology services, including financing, specialized marketing, and lifecycle management, as well as technical pre- and post-sales professional support.

Learn more at www.ingrammicro.com

Media Contact:

Lisa Zwick

Ingram Micro

Lisa.Zwick@ingrammicro.com

Source: Ingram Micro Holding Corporation

FAQ

How many employees will Ingram Micro (INGM) lay off in its 2025 restructuring?

Ingram Micro will reduce its workforce by approximately 850 associates, with the restructuring expected to be completed by the end of the first quarter of 2025.

When will Ingram Micro (INGM) complete its announced workforce reduction?

The workforce reduction is scheduled to be completed by the end of the first quarter of 2025.

What is the purpose of Ingram Micro's (INGM) 2025 restructuring plan?

The restructuring aims to enhance organizational efficiency and strengthen customer service capabilities to position the company for long-term, sustainable growth.

Ingram Micro Holding Corporation

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