JDS to cut another 3,000 workers

Article Abstract:

JDS Uniphase Corp. will downsize its workforce by an additional 3,000 employees. The company blamed the layoffs on the drop in telecommunications industry and in the national economy.

United States, Other Communications Equipment Manufacturing, Fiber Optics Systems & Equip, Communications equipment, not elsewhere classified, Fiber optic networks, JDSU, Fiber optics industry, JDS Uniphase Corp.

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Unable to raise new capital, Zenastra Photonics to cut 160 of 250 Ottawa jobs

Article Abstract:

Zenastra Photonics Inc. is planning to layoff 160 employees in its Ottawa headquarters as part of a cost-reduction plan. The company, which has been unable to raise new funds, has 250 jobs in Ottawa.

Optical Instrument and Lens Manufacturing, Optical instruments and lenses, Optical Instruments & Lenses, Optical instruments industry, Optical industry, Optical instruments, Ottawa, Ontario, Zenastra Photonics Inc.

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Air Canada shares hit low; job cuts predicted

Article Abstract:

Air Canada saw its share value drop to a 52-week low amidst analysts' forecasts of additional cost reductions in the airline industry. Air Canada may also have to layoff some employees.

Financial management, Scheduled Airlines, Scheduled Air Transportation, Securities prices, Air Transportation, Scheduled, And Air Courier Services, Management, Airlines, Air Canada

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