Man had just started my career the year before and these companies hit close to home, Alcatel was one of our customers, JDS Uniphase was where we got our slimy C?O.
Amazingly I was never laid off, but that was a rough 2 years seeing stock go from $160 to $0.20 a share, losing 80% people due to layoffs, wheeling office furniture into the parking lot, etc.