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Nortel Cuts More Jobs

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OTTAWA, Canada May 31 -- Nortel Networks Corp. has announced plans for 3500 more job cuts and further asset sales, including its fiber optics unit. The company also pared its revenue forecast and cut its break-even sales target to $3.2 billion from $3.5 billion by the fourth quarter.Read full article

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    Published: May 2002
    fiber opticsNews & Features

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