Jabil to lay off 673 workers

US-owned contract electronics manufacturer Jabil Circuit Magyarorszag on Monday said it would lay off 673 workers in December because of changes in demand.The company had net profit of USD 9.2m on revenue of USD 1.5bn in the business year ended August 31, 2012. Jabil Circuit Magyarorszag employs about 6,000 people at three bases in Hungary.

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