Sunday June 22nd, 2025 12:19AM

Scientific-Atlanta cuts 1,300 jobs at Mexican plant

By
ATLANTA - Cable equipment maker Scientific-Atlanta Inc. announced Wednesday that it has cut a production shift at its Juarez, Mexico, plant, eliminating about 1,300 jobs. <br> <br> The decision cuts about 30 percent of the company&#39;s work force in Juarez. <br> <br> A statement from Scientific-Atlanta said reduced demand for its products forced the cuts. The company also said it was evaluating the need for further job cuts. <br> <br> In October 2001, Scientific-Atlanta shut down its last American plant, a facility in Norcross that made transmission equipment, and moved the work to two plants in Juarez. <br> <br> In morning trading on New York Stock Exchange, Scientific-Atlanta shares were down 34 cents at $13.73. <br>
  • Associated Categories: Business News
© Copyright 2025 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.