Alcatel-Lucent (ALU) Plans to Cut 5,500 Positions Globally

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Go back to Alcatel-Lucent (ALU) Plans to Cut 5,500 Positions Globally

Ailing Alcatel (ALU) Will Need to Make Further Cuts if It Wants to Survive

November 6, 2012 11:29 AM EST

Alcatel Lucent (NYSE: ALU) is under some pressure today following comments earlier that CEO Ben Verwaayen and company may need to make even more drastic changes should Alcatel plan to compete on the same level as its peers.

According to Bloomberg-compiled data, Alcatel's sales-per-employee were about 49,700 (about... More

Ailing Alcatel (ALU) Will Need to Make Further Cuts if It Wants to Survive

November 6, 2012 11:29 AM EST

Alcatel Lucent (NYSE: ALU) is under some pressure today following comments earlier that CEO Ben Verwaayen and company may need to make even more drastic changes should Alcatel plan to compete on the same level as its peers.

According to Bloomberg-compiled data, Alcatel's sales-per-employee were about 49,700 (about... More

Alcatel-Lucent (ALU) Q2 Revs Drop 7.1% to EUR 3.55B, Reports Op. Loss of EUR 31M; to Cut 5,000 Positions

July 26, 2012 7:26 AM EDT

Alcatel-Lucent (NYSE: ALU) reported Q2 revs of 3.545 billion, down 7.1% from the same period last year.

Adjusted... More