Jabil's Silver Creek closure (2024)
Jabil closed its Silver Creek facility at 6375 San Ignacio Ave. in San Jose, affecting 298 employees. The site housed R&D, metalwork, wafer-handling, and manufacturing tools for the semiconductor capital equipment sector. Spokesperson Michelle Smith called it "an isolated closure" tied to soft demand.
150 employees were laid off; 148 were transferred to Jabil's Great Oaks facility in San Jose or its Fremont site.
The closure consolidated Jabil's Bay Area footprint and previewed the 2026 wind-down of its remaining San Jose operations.
It established Jabil's pattern: consolidate Silicon Valley operations in response to semi-cap market weakness, with partial workforce transfer as a mitigation tool.
