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Short Take: Bay will reorganize units

Bay Networks will reorganize its operations, merging its Internet and telecom business unit with its enterprise business group, according to a company spokesman. No layoffs will result from the merging of the groups, he added. The move reflects a confluence of corporate and Internet equipment needs and could feed the perception that Bay is up for sale.

Bay Networks will reorganize its operations, merging its Internet and telecom business unit with its enterprise business group, according to a company spokesman. No layoffs will result from the merging of the groups, he added. The move reflects a confluence of corporate and Internet equipment needs and could feed the perception that Bay is up for sale.