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"We expected the worldwide fiber market to grow five to 10 percent (volume) in 2013," Monin said. "However, we now believe the market will be consistent with 2012. Because the market isn't meeting our growth expectations, we will take actions to reduce capacity. About 250 employees from our worldwide optical fiber business will be impacted." (Unquote)

First off...5% to 10% (Gross "Volume" Dollars) can vary hugely in big business dollars. They can never narrow it down until "Lay Off" time.
Typical of an under experienced management (so called) "Team Leadership"...as they love to refer that Buzz Word to themselves these days of Six Sigma...predicting the unpredictable future in a "Global Competitive Market of Competitiveness and Downsizing Efforts to Stay Competitive in the World of Big Business".
I heard those words so many times for years and years in the Aviation business in meetings...yes...I memorized it. It's 90% BS...and 10% Bologna!
But at the end of the day... when it came right down to it...all it boiled down to was...waiting 12 to 16 months for those under experienced roving Management Team Leaders to get promoted...and move on. All that entertainment though for a year +...was for free too!!
Who's to say their current prediction has merit either? The same ones that predicted it wrong for 2013 to start with? Catch 22 huh???? This will change behind doors 10 times before it comes to pass...at least 10!
Stay tuned! 2013 was supposed to be a horrific hurricane season for the USA too...but weather predictions have built in room for errors.

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