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Zhone Announces Staff Reduction Following Merger

Following the completion of its merger with Tellium, Zhone Technologies began trading on NASDAQ under the symbol ZHNE. In addition the company announced a headcount reduction of approximately 125 people affecting predominantly Oceanport, New Jersey based personnel (Tellium). The remaining Oceanport staff will continue current engineering efforts including development and support of the metro optical products.

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November 13

From 25 years of the Converge Digest archive.