The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
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
10,000 jobs Number of planned job losses
Announcement Date
8 October 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2015
Description
France-based global telecommunications equipment provider Alcatel-Lucent is to cut 10,000 jobs worldwide by the end of 2015. As announced, the cost-saving restructuring is in the frame of the worldwide reorganisation plan “Shift”.
Recently the group announced job creation plans in Romania (see Alcatel-Lucent-RO2013).
Sources
8 October 2013: Les Echos
8 October 2013: Alcatel-Lucent (Press release)
Citation
Eurofound (2013), Alcatel-Lucent, Internal restructuring in World, factsheet number 76043, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76043.