…Directors has approved the repricing of stock options held by the Company?s employees to an exercise price of $12.375 per share, Ciena?s closing price as of September 16, 1998. The repricing is effective today, and applies to all employee stock options which had an exercise price above $12.375. "The Company…

Ciena benefits Ciena offers a competitive benefits program to all eligible employees.  Below is a list of the benefit programs that may be available to employees depending on their location.  Every program listed below will not be available in each country and/or state as programs vary by location…

Ciena®Corporation (NASDAQ: CIEN) today announced an immediate workforce reduction of approximately 650 employees, or approximately 22 percent of its total workforce, as the Company strives to better align its operations and strategic focus with the current industry environment. "The telecom equipment…

…effective workplace that empowers our employees to positively impact each other and their communities. Community outreach Ciena is committed to building quality connections within our communities.  Through multiple volunteer programs and events, our employees are able to share the inspired thinking…

…future cash expenditures by Ciena. Restructuring charges include severance, relocation and other employee costs ranging from approximately $2.9 million to $7.2 million, depending upon the number of employees that accept relocation offers. Restructuring charges associated with severance are expected to…

Thursday was a special day for Ciena employees around the globe, as the newly expanded company held employee events to celebrate the completion of the Nortel MEN acquisition.  Ciena CEO Gary Smith and Philippe Morin, Senior VP of the Global Products Group, jointly hosted the event from Scotiabank…

…Following completion of the transaction, Cyras will form a new Ciena division focusing on multi-service access and switching, and all employees of Cyras will become employees of Ciena. Alnoor Shivji, Cyras founder, CEO and president will report to Ciena President and COO, Gary Smith. The sales efforts of…

…home arena of the NHL’s Ottawa Senators, employees from Ottawa and Montreal filled the floor of the arena as Gary Smith and Philippe Morin took stage in a live broadcast to the global Ciena employee population. Yesterday, I attended a second employee celebration in Richardson, TX (my home base)…

…our thinking, and accessible to our customers. We specialize in unlocking potential—with our customers and partners, in the communities our employees represent, and among our own Ciena team—addressing critical needs for all the people our business touches. Our passion for innovation, commitment…

Yesterday from Ciena?s Ottawa campus, Ciena CEO Gary Smith hosted an Employee All-Hands event that was broadcast to employees around the world.  The quarterly event looked back at our recently announced Q3?11 financials and also looked forward to the path ahead.   Joining Gary as speakers…