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PI Physik Instrumente - Fast Steering Mirrors LW 16-30 MR

Alcatel Business Systems Eyes Staff Cuts

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PARIS, March 20 -- Alcatel Business Systems, a French subsidiary of Alcatel, announced it may eliminate 350 jobs as part of its recently announced restructuring efforts, a result of continuing weakness of the worldwide and domestic telecom market. Alcatel Business Systems has about 2,700 employees. Alcatel said it "has notified its workers council that restructuring measures will be required due to the continuing weakness of the worldwide and domestic telecom market. As a result, the cost-reduction program will be intensified and staff will be adapted to market conditions. In particular,...Read full article

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    Published: March 2003
    CommunicationsNews & Features

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