Paradyne Shifts

Paradyne Networks cuts 55 employees, or 12% of its workforce

June 12, 2003

1 Min Read

LARGO, Fla. -- Paradyne Networks, Inc. (Nasdaq:PDYN), a leading provider of broadband voice, data and video network access solutions, today announced a company-wide reduction in force, which affected 55 employees representing 12% of the workforce. This action is part of the Company's continued efforts to align its operations with the present telecom industry environment.

Paradyne Networks Inc.

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