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BlueWater66 12/4/2012 | 9:22:25 PM
re: Headcount: Shopping, Lifting, Moving On What about W.L. Gore. They were shutting down their Opto division. I believe the group is a few hundred people. Last I heard they were all about to be axed.
GhostBuster 12/4/2012 | 9:22:24 PM
re: Headcount: Shopping, Lifting, Moving On What about Sorrento Networks? It is submerged by mountain like debt and is running out of cash quckly.
Dr.Q 12/4/2012 | 9:22:22 PM
re: Headcount: Shopping, Lifting, Moving On Princeton Optronics 'restructured' about 20% of their staff a couple of weeks ago.
jyckyllhyde 12/4/2012 | 9:22:17 PM
re: Headcount: Shopping, Lifting, Moving On Hey, how come nothing was noted in Light Reading that Firstwave Secure Intelligent Optical Networking otherwise known as FWION located in Holmdel, NJ and Reston, VA is basically shutdown. The only people left are the cleaning people not to be confused with some of the VPs. This is despite the fact they announced a major federal contract on Light Reading previously.
bb55 12/4/2012 | 9:22:15 PM
re: Headcount: Shopping, Lifting, Moving On As far I know Sorrento is still alive (after axing some jobs earlier this year) due to cards' supply. This though will not support company for too long. Next 2 quarters will be very critical for them.
Sorrento went through the stock reverse split, and they loosing, so there is no recovery coming soon.
next-gen-wisdom 12/4/2012 | 9:22:14 PM
re: Headcount: Shopping, Lifting, Moving On Someone know about Turin's layoffs?
tookl4wrds 12/4/2012 | 9:22:13 PM
re: Headcount: Shopping, Lifting, Moving On Gore is still trying to sell that operation, but they have been steadily reducing headcount.
themaninblack 12/4/2012 | 9:22:12 PM
re: Headcount: Shopping, Lifting, Moving On If the cleaning crew is all that is left, then the Quaker Oats Man must be sweeping the floor. Of course, cutting V shape patterns in the floor with the vacuum is pretty much like architectural work for the QOM...
GhostBuster 12/4/2012 | 9:22:01 PM
re: Headcount: Shopping, Lifting, Moving On Just heard FIBR recently lost some critical deals to NT both in Asia and US market (e.g. see the anouncement from NT today on Cox contract). Anyone can confirm this? Isn't Cox one of its "strategic customers"? If these are true, I'd bet FIBR's days as an independent entity are numbered.
opticalman 12/4/2012 | 9:21:59 PM
re: Headcount: Shopping, Lifting, Moving On Just heard that Appian had a 50% layoff today. Anyone care to comment?
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