Has reduced its headcount by 45 people at its Chelmsford facility

April 23, 2001

1 Min Read

CHELMSFORD, Mass. -- Astral Point Communications, Inc., a provider of optical networking equipment used in metropolitan markets, said today it has reduced its headcount by 45 people at its Chelmsford, MA facility as it focuses on delivering applications that are most needed by its major customers and prospects.

"Astral Point has not been immune from the slowdown in the telecommunications industry. By taking this difficult action now to control expenses and focus our resources on the needs of major carriers, we are ensuring the long-term success of the company," said Raj Shanmugaraj, founder, president and chief executive officer of Astral Point.

Astral Point Communications Inc.

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