See here:
http://money.cnn.com/news/newsfeeds/articles/primenewswire/130402.htm
Some important bits:
"...will transfer manufacturing and assembly of all high-end telescopes from its manufacturing operations in Irvine, California to lower cost locations. ... in Mexico or by its contract manufacturing partners in China."
"...is reducing its U.S. employee base by 60%, or approximately 120 employees. These employees consist primarily of manufacturing, selling and administrative personnel."
Philip
http://money.cnn.com/news/newsfeeds/articles/primenewswire/130402.htm
Some important bits:
"...will transfer manufacturing and assembly of all high-end telescopes from its manufacturing operations in Irvine, California to lower cost locations. ... in Mexico or by its contract manufacturing partners in China."
"...is reducing its U.S. employee base by 60%, or approximately 120 employees. These employees consist primarily of manufacturing, selling and administrative personnel."
Philip