Tag: job cuts 2012

Alcatel Lucent, to reduce 5000 from its global head count

  With the announcement of its 2nd quarter 2012 results, Alcatel Lucent has also announced its intentions of reducing its global head count by 5000. The company globally employs around 75,000 employees. “The Performance Program”, as the cost reduction initiative has been termed, aims to achieve an additional Euro 750 million cost reduction, bringing total…