Corning’s Photonic Technologies businesses to reduce workforce

March 2, 2001–Corning, New York–In response to softness in the telecommunications industry, Corning Inc., a manufacturer and supplier of photonic devices, has announced a layoff involving 825 employees of Photonic Technologies’ Benton Park, PA, and Erwin Park, NY, manufacturing facilities.

On February 16, Corning adjusted its previous guidance for its Photonic Technologies businesses from 75% to 90% year-over-year revenue growth to approximately 50%. At that time, Corning indicated that layoffs were likely.


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