Area firm shifts jobs to India to cut costs; AM Communications has reduced its U.S. staff from 125 to 70. It will use cheap labor abroad

Article Abstract:

AM Communications (Quakertown, PA), hurt financially by the loss of two customers, is turning to India and its engineers to help develop its next technologies. AM has reduced its US staff this year from 125 to 70. After the loss of two major accounts, Philadelphia's Comcast and Italian Telecom, the company's revenues plunged. AM, which develops equipment that monitors the reliability of cable systems, said it was turning to India's less costly labor so it could improve its products while trimming costs. Network Systems and Technologies Ltd., which is located in a technology park in Trivandrum, India, will provide the telecom company with a network of over 500 technical employees.

Communications Equipment Manufacturing, Communications Equipment, Telecommunications equipment, AM Communications Inc.

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Two shipping carriers to stay put

Article Abstract:

Shipping companies Sea-Land Service Inc, and Maersk Inc. have decided not to leave the New York-New Jersey harbor as they had previously threatened. The decision comes as a disappointment to several other East Coast cities, which had hoped to become the new home of the firms.

Comment:

Sea-Land Service Inc, and Maersk Inc. decide not to leave the New York-New Jersey harbor.

Marine Cargo Handling, Containerports, Abstract, Maersk Inc., Container ports, Sea-Land Service Inc.

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Title

Article Abstract:

This is a fake abstract that i'm being forced to write for test purposes.

Construction

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