Canadian telecom network equipment maker DragonWave Inc (DWI.TO: Quote) (DRWI.O: Quote) said it is eliminating 48 jobs as it grapples with cash burn due to its acquisition of Nokia Siemens Networks’ NOKI.UL microwave business.
This is its second job cut in three months. DragonWave had cut 68 jobs in Ottawa and Israel in June. The job cuts announced on Monday will mainly be at its Ottawa and Israel offices, the company said…
via Dragon-Wave to cut more jobs in Ottawa, Israel | Business | Reuters.
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