PARIS – Suffering from financial difficulties, telecommunications equipment provider Alcatel-Lucent is set to expand the restructuring measures announced in February with a second wave of layoffs , reported Agence France Presse.
At a board meeting today (Oct. 30), Alcatel-Lucent's CEO Patricia Russo will unveil an "emergency plan" that is likely to include between 5.000 and 30.000 redundancies, according to AFP.
The report indicates Alcatel-Lucent's new restructuring measures will probably add to the 12.500 job cuts announced in February.
When the merger was announced in April 2006, the companies said the combined headcount would drop by about 10 percent. Early 2007, Alcatel-Lucent (Paris, France) counted 79,000 employees worldwide.
France will supposedly be less impacted than other regions of the world as the French government is paying close attention to the subject. Alcatel-Lucent trade unions in France, however, said they were ready for another trial of strength and called for a one-hour stoppage on Wednesday (Oct. 31).
Contacted by EETimes Europe, Alcatel-Lucent refused to comment on the issue.