Month: March 2015

Arrow Electronics eliminating 150 jobs on Long Island

Arrow Electronics Inc., once Long Island’s largest public company by revenue, is shrinking its local work force again, a spokesman said Thursday.

The electronic-parts distributor plans to relocate 150 jobs, mostly in its finance, legal and transportation-services departments, to the company’s headquarters in Colorado, said spokesman John Hourigan.

That would leave 265 Arrow employees on Long Island, compared with as many as 1,000 the company once employed here. In 2011, Arrow moved its headquarters from Melville to Colorado, where its chief executives lives.

Hourigan said the relocations would happen gradually over this year and into early 2016 “to into early 2016 “to minimize any disruptions.”