Alcatel-Lucent to cut 10,000 jobs around the world | Bangkok Post: news

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Alcatel-Lucent to cut 10,000 jobs around the world

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French-US telecom-equipment maker Alcatel-Lucent said on Tuesday it will cut 10,000 jobs worldwide to reduce fixed costs by 15 percent within two years and focus on new and future technologies.  

The Alcatel-Lucent plant in Rennes, Western France, on October 8, 2013

The company has lurched from crisis to false dawn to crisis since it was formed of a merger in 2006, and is restructuring and refocusing its activities to reverse losses.

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