Search
Menu
PI Physik Instrumente - Fast Steering LB LW 11/24

Corning Trims Fiber Operations

Facebook X LinkedIn Email
CORNING, N.Y., Sept. 4 -- Corning Incorporated is reducing its worldwide optical fiber workforce by approximately 1,000 employees by the end of 2001 in response to the continuing downturn in the telecommunications sector. The reductions will include hourly and salaried employees primarily at manufacturing locations. James B. Flaws, Corning's chief financial officer, said the company has seen a sudden slowing in orders across all fiber product lines, and now expects overall market growth for optical fiber in 2001 to be significantly less than the previous 15 percent outlook. Corning said its...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: September 2001
    CommunicationsindustrialNews & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.