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 Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26.3 - Manufacture of communication equipment
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76043.
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