JABIL INC
Filing Date: 2024-07-09
TL;DR
- 📉 Revenue Drop: Revenue decreased by 20.2% in the last quarter.
- 💼 Divestiture: Sold mobility business for $2.2 billion.
- 🔄 Restructuring: Implemented a new plan to optimize costs.
- 🌍 Global Operations: Significant presence in over 30 countries.
Major Announcements
Jabil announced the sale of its mobility business for $2.2 billion and a new restructuring plan to optimize its global footprint. These announcements highlight Jabil's focus on strategic growth and cost optimization.