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| July 10, 2009 | |
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Alcatel-Lucent to cut 1,000
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PARIS - FRENCH-US telecom equipment maker Alcatel-Lucent is to cut another 1,000 jobs between now and 2010 under its latest cost-saving plans, trade union officials told AFP on Thursday. They said the cuts had been announced to worker representatives on Wednesday and would affect mainly administrative, sales and a few industrial activities, including a electronic card manufacturing site in northern France. The company declined to confirm the information, saying only that a study of how to improve the group's financial performance and reduce its portfolio of products had been launched six months ago. 'It is being put in place at the moment,' said a spokesman. Since the difficult merger of Alcatel and Lucent in 2006, the group has announced several restructuring plans that have included 17,500 job cuts. -- AFP | |
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