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Alcatel to Eliminate 800 Jobs

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PARIS, Dec. 4 -- Alcatel announced various job reductions, as part of of its optics business restructuring initiated 18 months ago, to adapt to the "persistent crisis in the submarine network and optical fiber markets." Alcatel's optical fiber site in Conflans Sainte-Honorine (Yvelines), France, which employs 380, will be closed by the end of 2003. After restructuring, its R&D activity will be transferred to the Douvrin (Pas-de-Calais) site and its central functions to another Alcatel site in the Paris region, resulting in the loss of 90 jobs. 280 positions will be eliminated by the end of...Read full article

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    Published: December 2002
    News & Features

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