Alcatel-Lucent to cut French workforce by 12%

15 Feb 2007

Telecoms equipment group Alcatel-Lucent yesterday announced it is cutting its French workforce by 12% as part of wider moves to cut operating costs by EUR1.7 billion (USD2.22 billion) over three years. In a statement a spokesman for the vendor said: ‘The restructuring plans could impact 1,468 positions by the end of 2008, which represents about 12% of Alcatel-Lucent’s workforce in France,” said the French-American group, which started operating as a merged entity on 1 December’. It is understood the job cuts will be achieved through early retirement, internal mobility and support for the creation of professional projects outside the company. Alcatel-Lucent has also predicted tough times ahead with another dip in sales in the first quarter.

France, Alcatel-Lucent