Job cuts hit 3Com Asia

By Anand Menon, Singapore.CNET.com, CNET.com
Tuesday, May 08, 2001 05:54 PM
SINGAPORE--3Com Asia Pacific has confirmed that its employees in Asia Pacific (including Japan) have been affected by the company’s latest round of job cuts.

In a statement today, the networking equipment maker said it would cut its global work force by about 3,000 people, or 30 percent, to trim costs.

The Santa Clara, California-based company added that the full staff reduction would take place over several quarters. 3Com Corp currently has about 10,000 worldwide.

When contacted today, 3Com Asia Pacific spokesperson Eileen Lim declined to reveal the exact number of employees affected by the announcement.

"In some cases, some employees (in Asia Pacific) have already been notified," Lim told Singapore.CNET.com today in a telephone interview. "However, we are not able to provide any country specific breakdowns." She did not elaborate.

Full report to follow.


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