JDS Uniphase slashes 3000 jobs

17 Jun 2002

Fiber-optics manufacturer cuts US and Canadian manufacturing operations.

Reductions focus on passive-component manufacturing operations in San Jose, California, Ottawa and Ontario. The company insists that the cuts, which are claimed to center on manufacturing operations only, will improve efficiency in today's business climate.

Confirming that the company will continue to increase its workforce in high-growth product areas, a spokesperson for JDS Uniphase said, "We are confident about our long-term leadership position in the industry and believe that our prospects remain good."

The latest news follows JDS Uniphase's USD 18 billion merger with fiber-optic developer SDL , US.