Alcatel cuts 10,000 jobs globally
Monday, 05 November, 2001
Alcatel has announced it is cutting another 10,000 jobs (9% of its work force).
"The year 2002 will continue to be difficult, especially the first half," said Serge Tchuruk, chief executive.
Including these losses, the company is going to lay off 32,500 employees during 2001 and 2002. At the end of 2000, it employed 110,000 people.
Related News
$5 million to strengthen Australian chip design capability
Macquarie University has secured $5 million to establish an Australian Research Council (ARC)...
Photonic chip packaging facility opens in Brisbane
Brisbane has opened a facility dedicated to preparing advanced photonic microchips for use in...
Electronex 2027 brings electronics industry to Melbourne
Electronex 2027 will connect electronics professionals, manufacturers and suppliers in Melbourne,...
