Tellabs plans restructuring, to shut India unit
Keywords: network equipment restructuring R&D
[Summary of tips] Naperville -headquartered network equipment manufacturer Tellabs has announced restructuring plans which will result in the loss of 530 employees. The company also plans to stop new development on its LTE product."In a climate of economic uncertainty, Tellabs needs to align expenses with revenue," said Rob Pullen, CEO and presi......|
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