3Com to Cut 1,200 in Across-the-Board Layoffs
The downturn of the U.S. economy and "turmoil" in the telecommunications industry led the Santa Clara, CA, company to begin cost-reduction efforts in December, company president Bruce Claflin said. The layoffs were 3Com's first step to improve the efficiency of its operations as part of that plan, he said.
The layoffs affected both full-time employees and the alternative work force, the company said.
No further details were disclosed.