NeoPhotonics Corporation (NYSE: NPTN), a leading designer and manufacturer of optoelectronic solutions for the highest speed communications networks in telecom and datacenter applications, today announced that as a part of its continuing actions to improve profitability and cash flow, the Company has implemented certain restructuring actions. The actions include a reduction in force, real estate consolidation, a write down of inventory for certain programs and assets and a write-down of idle assets. Click here for more.
from Cellular News http://bit.ly/2wznv8i
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