Alcatel to cut 12,000 jobs

Alcatel to cut 12,000 jobs
Richard Wilson French telecoms group Alcatel is yet another electronics manufacturer to cut staff numbers in order to boost profitability. The firm has announced 12,000 jobs will be lost from its worldwide businesses over the next two years. The cuts, which represent ten per cent of Alcatel’s workforce, are a direct response to lower than expected profits this year. A significant proportion of the staff cuts will come in Alcatel’s North American businesses.


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