3Com
(COMS)
was up 2.8% in late morning after saying it would cut 1,200 jobs as part of a cost savings plan announced in December.
The network-products maker blamed the economic downturn and "turmoil" in the telecommunications industry.
3Com
(COMS)
was up 2.8% in late morning after saying it would cut 1,200 jobs as part of a cost savings plan announced in December.
The network-products maker blamed the economic downturn and "turmoil" in the telecommunications industry.
