Alcatel and Lucent to Merge
Cappella writes "It is confirmed. Alcatel and Lucent are combining to form a USD $25 billion entity. This marks a new wave of telecommunications company consolidation in the next few months to come." They first tried to work out a merger five years ago, but finally, at long last, it's come to fruition.
Soooooooo will they rename themselves Western Electric and merge with AT&T?
Mr. Universe: "They can't stop the signal, Mal. They can never stop the signal."
Accident.
J
$25 billion? That should be good for at least ten thousand layoffs. Middle managers are right now compliing lists of people who just bought homes or just re-financed. Hey, Bob over there just got a new car! Oh yeah, he's out with the first group.
Layoffs for all! Bonuses and parties for the rest! THERE'S CAKE IN THE CONFERENCE ROOM!
Business isn't willing to pay for products, innovation and careers, so we get brands, mortgage commercials and layoffs.
Lucatania, a perfect target for the Germans.
"To those who are overly cautious, everything is impossible. "