BAUSCH & LOMB LAYS OFF 700 MORE PEOPLE AFTER A $8 MILLION LOSS IN THE 4th QUARTER

Reflecting the general slowdown of the US economy, the company's revenues in the last quarter of 2001 were off 3 percent to $452 million, although the decline was limited to 1 percent at local currency rates. Sales of contact lenses fell by 4 percent, lens care products sales decreased 16 ...

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