Search
Menu
Videology Industrial-Grade Cameras - Custom Embedded Cameras LB 2024

Alcatel Trimming US Workforce

Facebook X LinkedIn Email
DALLAS, April 4 – Citing the US economic slowdown and reduced customer spending, Paris-based telecom manufacturer Alcatel has decided to trim its overall US operating budget. The move includes cutting about 1100 positions in the US, which is about 5 percent of the company's US workforce. Employees affected by the reduction will receive a severance package and outplacement services. "It is important, during these tough economic times in the US, for us to manage down our cost structure better than ever before," said Mike Quigley, president of Alcatel Americas. "These types of employee impacting...Read full article

Related content from Photonics Media



    Articles


    Products


    Photonics Handbook Articles


    White Papers


    Webinars


    Photonics Dictionary Terms


    Media


    Photonics Buyers' Guide Categories


    Companies
    Published: April 2001
    CommunicationsindustrialNews & Features

    We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.