Lead Team: Alcatel-Lucent, a provider of telephone network equipment and
solutions, is set to cut 3.4 percent of its workforce in France by the end of
the year as part of a periodic review of its personnel needs.
Alcatel-Lucent
will eliminate 336 jobs from a total of 10,000 in France by the end of the
year.
Simon
Poulter, a spokesman for the company, which is based in Paris, said some of the
jobs may be eliminated through attrition, according to a report in New York
Times.
The
company employs about 78,000 workers worldwide.
In
December 2011, Alcatel-Lucent informed French labor union officials about its
plans to cut 478 positions in France during 2012. Since then, the company has
managed to transfer 142 employees to sites in other countries. Including those
transfers, Alcatel Lucent plans to trim its workforce by 4.8 percent from
December.
Poulter,
the company spokesman, described the reductions as part of a transformation
process that is going on in France to place the business where it needs to be
in terms of how it responds to the market and to our service customers.
Nokia
Siemens Networks, rival of Alcatel-Lucent, will be reducing 17,000 jobs in 2012
as part of saving more than $1 billion in costs.
Ericsson
India added approximately 5,000 jobs in India in 2011, the company said in its
latest financial report.
Alcatel-Lucent
posts 6.8 percent decrease in Q3 2011 revenue at EUR 3.79 billion
Alcatel-Lucent has registered a 6.8 percent decrease in Q3
2011 revenue at EUR 3.79 billion compared with EUR 4.07 billion in Q3 2010.
Substantial decrease in revenues in network and software and
solutions business contributed to the decline in revenue. The company could not
improve its revenue in regions like Asia Pacific, North America and Europe.
In
November 2011, Alcatel-Lucent announced plans to cut up to $650 million in
costs this year.
“We
are reducing our costs and increasing our profitability. However, we are not at
a level we are satisfied with. And given economic uncertainties, we will take
more radical actions to accelerate our transformation and reduce quickly our
costs structure, especially in Europe. This will generate additional savings in
2012 of EUR 200 million in fixed costs addressing mainly our SG&A
spending and EUR 300 million in variable costs addressing mainly project and
delivery efficiency,” Ben Verwaayen, CEO of Alcatel-Lucent
said in November.
editor@telecomlead.com
