SED International Holdings Inc., an Atlanta-based distributor of computer technology, consumer electronics and small appliances, said it is restructuring its U.S. operations and cutting more than 25 percent of U.S. work force.
The company is consolidating five distribution centers into three, according to a statement by Chief Executive Officer Bob O’Malley. He said the restructuring will improve productivity and strengthen the company’s commercial operations.
O’Malley said the company will focus on increasing its IT-related businesses and fulfillment services for retail clients.
“Since I began with SED two quarters ago, I have spoken about the need to improve our commercial services offerings by embracing cloud computing service models, by pursuing applications capitalizing on converged data, voice and video, and by leveraging the potential of mobile computing platforms,” O’Malley said in a statement. “The initiatives announced today are designed to accelerate SED’s path to sustainable profitability.”
The actually number of jobs to be eliminated was not immediately available. SED has operations in California; Florida; Georgia; New Jersey; Texas; Bogota, Colombia and Buenos Aires, Argentina.
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