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Nov 15th, 2013
Oclaro restructure to cost at least $20M
Oclaro’s latest attempt at right-sizing will cost the company between $20 million and $25 million to implement.
According to a quarterly filing with the US Securities & Exchange Commission (SEC), the photonics component and module maker has already made some minor cuts to its research and development effort in Israel, but that is only a precursor to a much more significant restructuring.
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