Thursday, October 2, 2003

Tellabs Trims Workforce

Thursday, October 02, 2003    

Tellabs announced plans to reduce its worldwide workforce by about 370 employees. The company also plans to close its development center in St. Laurent, Quebec, Canada, by mid-2004. Tellabs said it would continue to invest in new growth markets, such as a global carrier-class data solutionhttp://www.tellabs.com