Alcatel-Lucent Cuts Go Deeper — 7,500 Jobs Gone and Counting

Posted by ryuzaki0 on Tuesday July 30, 2013 @01:01PM from the sorry-about-your-luck dept.

Dawn Kawamoto writes "Alcatel-Lucent has cut 7,500 jobs since the start of the year — a couple thousand more than what employees of the embattled telecom equipment maker may have been expecting. Last summer, Alcatel-Lucent said it expected to cut over 5,000 jobs by the end of 2013. Well, cuts have gone deeper than that, and the company's newly minted CEO, Michel Combes, told Wall Street during the second quarter earnings call Tuesday to expect additional cuts and the related cost savings in the coming quarters."

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The problem is by kilodelta · 2013-07-30 14:38 · Score: 4, Informative

That the pbx and carrier level gear that they make is built to last 30 years or more. Kind of hard to up-sell when what's in place will provide decent service for that amount of time.

And having administered quite a few at&t/Lucent PBX's like Definity and Prologix, I can tell you I've NEVER seen one fail. Some have been in place for the better part of three decades now and they are still going strong.