CyberOptics Cutting Costs, Jobs

MINNEAPOLIS, Jan. 10 -- CyberOptics Corp. has begun a new round of cost-reduction measures, including an approximate 10 percent reduction of its worldwide workforce. Two previous workforce reductions were instituted in 2001, totaling approximately 20 percent of the company's worldwide employment.

CyberOptics will also consolidate all semiconductor product manufacturing in the its Portland, Or., facility and delay development of some new products.

LATEST NEWS

• EU to Launch Lasers4MaaS Laser Welding Project
  Nov 28, 2024
• 3D Printing Consortium Seeks to Speed Industrial Adoption
  Nov 27, 2024
• Eikon Therapeutics Appoints COO: People in the News: 11/27/24
  Nov 27, 2024
• Solar Lasers Could Power Future Space Missions
  Nov 26, 2024
• Liquid Crystal Lens Filters out Light that Causes Seizures
  Nov 26, 2024
• Optimax Names Joseph Spilman CEO
  Nov 25, 2024
• Optogenetics Technique Could Replace Surgical Treatments for Seizures
  Nov 25, 2024
• Shape of a Single Photon Revealed with New Theory
  Nov 25, 2024