P-COM RESTRUCTURES, CUTS WORK FORCE

By Reily Gregson

September 21, 1998

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CAMPBELL, Calif.-P-Com Inc. announced a cost-cutting restructuring program that eliminates about 10 percent of its global work force, affecting approximately 120 full-time employees. In addition, members of senior management will take a 10-percent salary reduction, said P-Com.

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P-Com makes network access systems for the wireless marketplace.

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