Lucent Technologies

Type
Internal restructuring
Country
Ireland
Region
Ireland; Eastern and Midland; Dublin
Location of affected unit(s)
Dublin
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
120 jobs
Number of planned job losses
Job loss
Announcement Date
20 June 2003
Employment effect (start)
Foreseen end date
1 November 2003

Description

The redundancies will occur in Lucent's Dublin offices at Cherrywood. It is understood the troubled US multinational will still employ approximately 350 workers in Ireland, who are predominantly employed in a second site in Blanchardstown, also in Dublin. The redundancies form part of an attempt to cut overheads in Ireland by 25%, which is related to the continuing problems the electronics and technology sector is facing worldwide. It is understood that some workers may have the opportunity to redeploy elsewhere, either to the Blanchardstown office, or to Spain and India.

Sources

  • 20 June 2003: The Irish Times

Citation

Eurofound (2003), Lucent Technologies, Internal restructuring in Ireland, factsheet number 58848, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58848.