From mboxrd@z Thu Jan 1 00:00:00 1970 Message-ID: <024401c10a08$ea084070$6401a8c0@freeze2k> From: "Matt" To: <9fans@cse.psu.edu> References: <20010711105138.A6FF2199C0@mail.cse.psu.edu> <20010711125852.X22003@cackle.proxima.alt.za> MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit Subject: [9fans] more bad news from Lucent Date: Wed, 11 Jul 2001 13:56:34 +0100 Topicbox-Message-UUID: c5506486-eac9-11e9-9e20-41e7f4b1d025 http://www.theregister.co.uk/content/5/20303.html Lucent to lay off 30% of senior managers By John Leyden Posted: 11/07/2001 at 10:46 GMT Beleaguered telecoms manufacturer Lucent has said it will lay off three in 10 of its top managers as part of a wide ranging restructuring program designed to cut its operating expenses. The firm plans to split into two main businesses - landline and wireless - both of which will focus on selling network infrastructure kit to service providers. Last year the firm had 11 divisions.