S-A cuts jobs at Mexican plant

Author:
Publish date:

Due to sluggishness in the set-top market, Scientific-Atlanta Inc. has eliminated
1,300 jobs in its Juarez, Mexico, set-top-box plant.

The job-cutting may not be over.

S-A said it is "evaluating the need for any additional restructuring in other
parts of the company due to reduced demand for our products."

Hopes that set-top boxes would start flying off retail-store shelves have
been dashed by pricing and encryption issues that some executives, including at
S-A, said could keep them off consumer-electronics store shelves for
years.

Related