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General

Alcatel-Lucent chairman to discuss job cuts with ministers

Tuesday 4 September 2012 | 09:14 CET | News
French industry minister Arnaud Montebourg is due to receive Alcatel-Lucent chairman Philippe Camus on 6 September to discuss the equipment maker's plan to cut 5,000 jobs worldwide, AFP reports. The meeting will also be attended by SME, innovation and digital economy minister Fleur Pellerin. Alcatel-Lucent announced at the end of July that it planned to cut 5,000 of its 76,000 jobs after making a EUR 254 million net loss on a turnover down 7.1 percent to EUR 3.5 billion in the second quarter. At the time, the company did not state explicitly whether its French workforce would be affected. It

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Categories: General
Companies: Alcatel-Lucent USA/FR
Countries: France
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