Sensata Technologies, a maker sensors and switches based in The Netherlands, has cut 150 jobs though layoffs and buyouts, with most of the reductions coming at the firm’s Attleboro, MA, operation, the Attleboro Sun Chronicle newspaper reports. The company revealed this week that its fourth-quarter revenue of $267.6 million was down 28.2 percent from the same period in 2007. Sensata, owned by Bain Capital, is a former unit of Texas Instruments and became an independent firm in 2006, according to its website.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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