Corning slashes up to 4,900 jobs to cut costs (Reuters)

An undated handout photo of a Corning scientist inspecting display glass. (Corning/Handout/Reuters)Reuters – Corning Inc posted weaker-than-expected quarterly results and outlook on Tuesday due to a significant decline in demand for glass for televisions and computer monitors, and said it would eliminate up to 4,900 jobs to cut costs.

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