Link Details

Link Details 

Submit RSS | Latest Links | Top Hits | 
 
News Finder » Listing Details
ID: 23207
Title: Alcatel-Lucent cuts jobs, posts 4Q loss (AP)
Description:

People walk out of the French telecommunication group Alcatel SA headquarters in Paris. in this July 26, 2001, photo. Telecommunications equipment maker Alcatel-Lucent said Friday Feb. 9, 2007 it had swung to a fourth quarter net loss, because of tough competition in the wireless phone market and a shift in spending habits by North American telecoms operators. Alcatel-Lucent also announced plans for 12,500 job cuts worldwide over the next three years, up from the 9,000 originally predicted when New Jersey's Lucent Technologies Inc. merged with Alcatel SA of Paris last year. (AP Photo/Laurent Emmanuel,)AP - Alcatel-Lucent SA said Friday it plans to cut another 3,500 jobs after it swung to a loss in the fourth quarter — the first earnings report from the recently combined telecom equipment maker.
Category: Business/Company Earnings/
Link Owner:
Date Added: February 09, 2007 11:48:44 PM
Number Hits: 0
 
php Link Directory
Fpfrance - Jeux2foot - LaZappette