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ADTN ADTRAN Holdings Inc

4.62
0.09 (1.99%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ADTRAN Holdings Inc NASDAQ:ADTN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.09 1.99% 4.62 4.50 4.70 4.62 4.54 4.54 482,861 22:59:00

ADTRAN Hosts Roundtable with U.S. Secretary of Labor to Discuss Next-Gen, High-Tech Workforce Development

27/06/2019 2:00pm

Business Wire


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Meeting to include public/private partnerships focused on mentoring, apprenticeship and the opportunities created by the Gigabit Economy

ADTRAN®, Inc., (NASDAQ:ADTN), a leading provider of next-generation open networking and subscriber experience solutions, today announced it is hosting U.S. Secretary of Labor Alexander Acosta for a tour of its manufacturing facility and an interactive discussion on how the public and private sectors can strategically partner to train highly-skilled employees capable of thriving in today’s globally-connected, digital marketplace.

“As one of America’s leading innovative tech companies headquartered in the second largest research park in the nation, we believe that our people are what make us successful as a company and community,” ADTRAN Chief Financial Officer Mike Foliano said. “We offer many education and training benefits not only because we are committed to growing a highly-skilled workforce, but because we believe that offering a chance to grow through education is the right thing to do for our employees.”

The discussion will focus on the administration’s new apprenticeship program announced Tuesday, ADTRAN’s long-standing training and internship programs, and the role public and private partnerships can play in addressing the rapidly-widening skills gap.

As ADTRAN continues to expand its presence internationally, addressing this issue is fundamental to its purpose, mission and goals. According to a recent report from the World Economic Forum, companies are facing a significant shift on the frontier between humans and machines when it comes to existing work tasks between 2018 and 2022. ADTRAN’s programs are designed to help it manage this shift so that the company and current and future employees can excel and thrive in this new paradigm.

ADTRAN’s college and high school co-op and internship programs have provided training opportunities for thousands of students for more than 30 years. ADTRAN currently offers several programs for students studying science, technology, engineering and math, in addition to robust employee tuition reimbursement benefits.

About ADTRAN

At ADTRAN, Inc., we believe amazing things happen when people connect. From the cloud edge to the subscriber edge, we help communications service providers around the world manage and scale services that connect people, places and things to advance human progress. Whether rural or urban, domestic or international, telco or cable, enterprise or residential—ADTRAN solutions optimize existing technology infrastructures and create new, multi-gigabit platforms that leverage cloud economics, data analytics, machine learning and open ecosystems—the future of global networking. Find more at ADTRAN, LinkedIn and Twitter.

Richard Williams Witz Communications for ADTRAN 919-523-0621 rmwilliams@witzcommunications.com

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