Downsizing

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Friday, 2 January 2026

4 Nov 2024

4:07PM

IMI cuts costs by $25M, shifts focus to industrial growth amid market challenges

The Ayala Group’s manufacturing arm, Integrated Micro-Electronics Inc., is set to implement further cost-cutting measures to strengthen its bottom line amid persistent business challenges.

Ayala’s electronics manufacturer eyes $5M annual savings from strategic cutbacks

Ayala’s IMI downsizing US, Asia operations amid losses

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