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.Read full articleRelated content from Photonics MediaArticlesSpace-Saving Sensors Ease Automotive Design WoesSelf-driving vehicles need enough sensors to guide them safely through all types of traffic situations — and the sensors need enough space to work properly. As more sensors are added to...Photonics Spectra January 2023 IssueLidar Companies Velodyne, Ouster Agree to MergeDigital lidar company Ouster and lidar sensors and solutions developer Velodyne Lidar have entered into a definitive agreement to merge in an all-stock transaction. 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