Electronics Production |
Alcatel-Lucent lay-off update:<br>Axes one fifth of German staff
French-American telecom network infrastructure provider Alcatel-Lucent plans to lay off 5,000 of its German staff under its global restructuring program.
A fifth of Alcatel-Lucent's 5,000 staff in Germany will be removed in the global downsizing effort initiated in February. The largest Alcatel-Lucent location in Germany is Stuttgart, German local media report. In total 12,500 out of 80,000 jobs will be cut globally.
