×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

Agere to cut 4,000 jobs, exit optical components

Published on .

New York--Communications equipment maker Agere Systems Inc. on Wednesday said it would cut 4,000 jobs, or more than a third of its work force, and exit the optical components business. Agere, whose optical components are used in fiber-optic cable networks that transmit data at the speed of light, has been hammered along with the entire network gear market by the downturn in telecommunications.
Most Popular
In this article: