-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IX8cDrN9kRIJuy6ucNrEpQgRiuZZqTgAxJ4OTqCuilUv/FZ/ZLXwY86ZUvTUucuQ fOQf+S1PGjELyDXjCtfFrw== 0001104659-04-032142.txt : 20041027 0001104659-04-032142.hdr.sgml : 20041027 20041027172333 ACCESSION NUMBER: 0001104659-04-032142 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041027 ITEM INFORMATION: Other Events FILED AS OF DATE: 20041027 DATE AS OF CHANGE: 20041027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADC TELECOMMUNICATIONS INC CENTRAL INDEX KEY: 0000061478 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 410743912 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-01424 FILM NUMBER: 041100292 BUSINESS ADDRESS: STREET 1: 13625 TECHNOLOGY DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 BUSINESS PHONE: 9529388080 MAIL ADDRESS: STREET 1: 13625 TECHNOLOGY DRIVE CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 FORMER COMPANY: FORMER CONFORMED NAME: MAGNETIC CONTROLS CO DATE OF NAME CHANGE: 19850605 8-K 1 a04-12220_18k.htm 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date Of Report  (Date Of Earliest Event Reported):  October 27, 2004

 

 

ADC TELECOMMUNICATIONS, INC.

(Exact name of registrant as specified in its charter)

 

 

Minnesota

0-1424

41-0743912

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

 

 

13625 Technology Drive, Eden Prairie, Minnesota 55344

(Address of principal executive offices, including zip code)

 

(952) 938-8080

(Registrant’s telephone number, including area code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 


 

Item 8.01                                           Other Events.

 

As part of the previously disclosed and continuing efforts of ADC Telecommunications, Inc. to reduce operating costs and further integrate the operations of the recently acquired KRONE Group of Companies, we have taken additional steps in several areas during the fourth quarter to reduce our workforce.  These actions impact approximately 80 employees and will result in pre-tax charges in the fourth quarter totaling approximately $5.0 million for severance benefits, all of which will involve cash expenditures.  These actions impact both our Broadband Infrastructure and Access segment and our Integrated Solutions segment, as well as various corporate functions.  We anticipate that these severance benefits will be paid beginning in the fourth quarter of 2004 through the remainder of 2005.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

ADC TELECOMMUNICATIONS, INC.

 

(Registrant)

 

 

 

Date: October 27, 2004

By:

/s/ Gokul V. Hemmady

 

 

Gokul V. Hemmady

 

 

Vice President and Chief Financial Officer

 

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