Tellabs to Cut 200 Jobs Through Restructuring

Telecommunications equipment maker Tellabs will cut 200 jobs over the next five quarters as part of a restructuring plan.

Tellabs, which reported a net profit of $62 million for the fourth-quarter thanks to a positive tax adjustment, is attempting to cut costs while shifting the company’s focus to Ethernet and Internet network equipment.

Tellabs said that while 200 positions will be cut, its overall number of workers is expected to increase this year.

Career Connect (From our other career blogs):

Employment News (Sponsored by EmploymentSpectator)
Job Search Advice from the CEO of TransportationCrossing (Sponsored by aharrisonbarnes.com)
Layoff News (Sponsored by LayOffWatch)

Testimonial of the Week

What I liked about the service is that it had such a comprehensive collection of jobs! I was using a number of sites previously and this took up so much time, but in joining EmploymentCrossing, I was able to stop going from site to site and was able to find everything I needed on EmploymentCrossing.

John Elstner Baltimore, MD

+ Read More Testimonial

Only TransportationCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.

We have more jobs than any other job board.
We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
We collect jobs from more than 4,429,376 websites and post them on our site.
We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.