Feeds

Alcatel-Lucent slashes 10,000 jobs worldwide

Axe swings high in EMEA as troubled telco seeks out profits

Combat fraud and increase customer satisfaction

Alcatel Lucent has confirmed it will axe 10,000 employees worldwide as part of a bid to cut €1bn (£850m) in fixed costs by the end of 2015.

The loss-making telecoms equipment maker will actually be letting 15,000 staff members go, but has said it will create 5,000 new jobs in areas where it thinks it can grow.

The cuts will see its workforce reduced by a seventh, as it loses 4,100 positions in Europe, the Middle East and Africa, 3,800 in Asia Pacific and 2,100 in the Americas. Its domestic market France will lose 900 staff members, mostly from support, admin and sales positions, the firm said.

The company hasn't made a profit since Alcatel and Lucent merged back in 2006 and is now restructuring under its latest chief exec Michel Combes in what it's calling "The Shift Plan".

Under the new money-making plan, the company will try to reposition itself as an expert in IP networking, cloud and ultra-broadband access.

"We launched The Shift Plan in June to give Alcatel-Lucent an industrially sustainable future," Combes said in a canned statement.

"To carry out this plan we must make difficult decisions and we will make them with open and transparent dialogue with our employees and their representatives." ®

Combat fraud and increase customer satisfaction

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
Microsoft builds teleporter weapon to send VMware into Azure
Updated Virtual Machine Converter now converts Linux VMs too
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.