text: have more than 1,000 scientists and researchers in our 
  laboratories. They are at the heart of our innovation engine, 
  and they’re going to stay that way! 
  
  operations throughout the world. These actions are key to 
  reaching this goal of profitability. The optical fiber and cable 
  business remains challenging for the short term, but there is 
  still a great deal of long-term value to be realized in this 
  business. We believe our cost structure is coming in line with 
  our current reduced revenue expectations. 
  
  And in investing in our future, we are talking about more than 
  just our scientific labs. We are continuing to invest in our 
  people — all 23,200 of them, in plants and offices throughout 
  the world — who are continuing to move us forward toward 
  our goals. They have been through a lot during this downturn, 
  and we have done our best to set a tone of open, honest 
  communication, even when the news hasn’t been good. In the 
  year ahead, I’ve told our managers to place special emphasis 
  on our Value of*The Individual*… knowing that, in the end, 
  the commitment and contribution of all our employees will 
  determine our success. 
  Lastly, we are continuing to drive down costs in our adminis- 
  trative and staff functions by standardizing processes and 
  centralizing activities wherever possible. 