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Alidian Networks Lays Off 25 Percent of Staff

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SAN JOSE, Calif., June 29 -- Alidian Networks, developer of optical networking equipment for metropolitan-area networks, reduced its work force by 55 people, or approximately 25 percent, earlier this week. The reductions were distributed across the administrative, marketing, engineering and operations areas of the company.     Barton Shigemura, Alidian president and CEO, said, "Like many of our peers in the industry, we were overly optimistic about the pace at which the carrier market for new networking technologies would grow, and staffed up accordingly. With this week's layoffs we can...Read full article

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    Published: June 2001
    CommunicationsNews & Features

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