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Bookham Announces More Cost Cuts

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SAN JOSE, Calif., Dec. 10 -- Bookham Inc., a provider of optical components, modules and subsystems, announced it has adopted a plan to reduce its overhead structure by an additional $6 million to $8 million per quarter. This plan is in addition to ongoing reductions of $10 million to $12 million per quarter it announced in May. Bookham said it expects the combined plans to be completed before the end of 2005. The plan includes reducing its work force; closing certain facilities, including Bookham's former headquarters in Abingdon, England; and consolidating certain development and...Read full article

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    Published: December 2004
    aerospaceBookhamCommunicationsdata communicationsdefenseindustrialMarconiNews & FeaturesNortel Networksoptical componentstelecommunications

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