Note: comments posted are strictly the opinion of the poster and not necessarily those of Fiber Planners Inc. or any other posters.
Thursday, October 16, 2003
Fiber cable: OFS layoffs
"OFS, formerly a division of Lucent Technologies, is laying off 150 to 200 employees in the second part of a two-phase process to reduce its work force to 1,300 globally. 'This is the final stage of our restructuring and rightsizing for the foreseeable future,' said Sherry H. Salyer, spokeswoman for the company. After the terminations, which are effective immediately, the production plant and corporate offices in Norcross will employ about 450 to 500 workers. Eddie Edwards, president and chief executive officer for the company, also announced it will move its fiber optics cable production to Carrollton in the next six months."
"The cuts come across the board in the company's production facilities in Denmark, Sturbridge, Mass., Carrollton and Norcross, and at its research and development facilities in Norcross, Johnson said. In May, OFS' parent company, Furukawa Electric, announced its intention to cut its work force to 1,300 from 2,084. In June, the company laid off about 300 employees at the plant, and 500 employees worldwide."