Alcatel-Lucent: The lay-offs begin
Lay-offs following the formation of Alcatel-Lucent has begun in the USA. During the merger announcement, we were told that close to 10% of the employee base of the combined entity will lose jobs by 2009. It is believed that Lucent is taking over the NA operations of Alcatel. Right now, there is a lot of restructuring, reshuffling and a good deal of lay-offs going on.
2 comments:
Do you know if there will be any job cuts in France this year? It will be interesting to see if Alcatel-Lucent can brave the upcoming elections to announce job cuts in France.
Hey thankfully I did not take up the job of at Lucent. Went thru your posts. Interesting
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