JDS's Canadian Presence Shrinking Fast

At the height of the telecom boom, JDS Uniphase had more than 10,000 employees in Ottawa – a.k.a. Silicon Valley North – but now the company is but a mere shadow of its former self. Earlier this week, the company – which insists on calling itself JDSU these days – sold its manufacturing business in Ottawa to Fabrinet. This will reduce JDS's workforce in Ottawa to 350 from 650. While JDS's shrinking profile in Ottawa has been well-documented, the manufacturing facility sale just hammers home the company's lack of any kind of legacy in Canada. JDS was a high-tech success story nurtured and grown in this country. At the end of the day, there's little left. Perhaps the only person to do well from JDS's riches to rags story is former CEO Josef Straus, who walked away with millions and millions and millions of dollars, and for whatever reason, is still held in high esteem within the Ottawa high-tech community.

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