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Sonus to Close Facilities in Ottawa and Darmstadt

Sonus Networks will close its offices in Ottawa, Canada and in Darmstadt, Germany, and to relocate its Freehold, New Jersey facility to a smaller, more cost-effective space in the same area. These actions will result in the reduction of the company’s workforce by 12 employees, or approximately 1% of employees worldwide, and the company estimates it will achieve annual cash savings of approximately $2.0 million to $2.3 million. http://www.sonusnet.com

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August 24

From 25 years of the Converge Digest archive.