Optelecom-NKF Cuts 23 Jobs
GERMANTOWN, Md., Sept. 16, 2009 -- Optelecom-NKF Inc., a supplier of video over IP (VoIP) and video-over-fiber products, announced Wednesday it will cut 23 jobs in the US and Europe as the result of a strategic review of its operations.
"Earlier this year the impact of the recession prompted us to implement a number of measures to reduce costs without directly impacting employees," said Dave Patterson, Optelecom-NKF's president and CEO. "However, it's apparent that we need to identify additional cost savings as the economic...