From: "matt" <matt@proweb.co.uk>
To: <9fans@cse.psu.edu>
Subject: [9fans] Lucent Technologies - the telecoms equipment outfit
Date: Tue, 23 Jul 2002 17:07:32 +0100 [thread overview]
Message-ID: <015b01c23263$0e2804d0$6501a8c0@KIKE> (raw)
a lofty promotion from struggling but not good news I'm afraid
Lucent slashes 7,000 jobs
http://theregister.co.uk/content/7/26332.html
The job cuts - designed to save the company $700m a year - will reduce the
company's headcount from 53,000 to 46,000.
The company also reported a $7.91bn loss for the quarter, compared to a
loss of $3.24bn in the same quarter a year ago.
Said Lucent chief exec, Patricia Russo: "The market continues to be very
challenging. ....
M
:(
next reply other threads:[~2002-07-23 16:07 UTC|newest]
Thread overview: 3+ messages / expand[flat|nested] mbox.gz Atom feed top
2002-07-23 16:07 matt [this message]
2002-07-23 17:12 ` Fariborz (Skip) Tavakkolian
2002-07-23 17:18 jmk
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