Posted May. 5, 2011 at 8:47 a.m.

Premium Lock Tekelec plans to cut up to 15 percent of workforce

Published: 2011-05-05 08:47:29
Updated: 2011-05-05 08:47:29

Tekelec Headquarters Morrisville, N.C.

The Morrisville gear maker reported first quarter financials Thursday noting a 7 percent drop in revenue from a year ago with plans to cut its global workforce by 10 to 15 percent as part of a corporate restructuring in 2011....

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