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Alcatel-Lucent to Reduce Staff by 12,500

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PARIS, Feb. 9, 2007 -- Alcatel-Lucent will cut 12,500 jobs -- 16 percent of its staff -- as a result of its recent merger and lower-than-expected first-quarter profits, it said today in a statement. Workers at Alcatel-Lucent have called for a strike on Feb. 15 to protest against the job cuts, which were previously expected to amount to 9000, or 11 percent of staff. The company provided no further details on the downsizing. "The cuts will be discussed at each level in each country with organizations representing employees at Alcatel-Lucent," Finance Director Jean-Pascal Beaufret said during a conference call...Read full article

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    Published: February 2007
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
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