| Hugh G. Rexion 2007-02-13, 10:33 pm |
| On 13 Feb 2007 14:51:23 -0800, jgrove24@hotmail.com wrote:
> PARIS, Feb 13 (Reuters) - Around 1,500 of the 12,500 jobs French-
>American telecoms equipment group Alcatel-Lucent (ALU.PA: Quote,
>Profile, Research) plans to shed will be in France, trade unions said
>on Tuesday.
>
>"The management of Alcatel-Lucent has just informed the works council
>that it wants to bring Alcatel staff down to 11,000 in France. There
>are currently 12,500 staff. This is therefore a 1,500 cut that is
>scheduled in France," Alcatel unions said in a joint statement e-
>mailed to Reuters.
>Alcatel-Lucent said last Friday it would cut 12,500 jobs or 16 percent
>of staff as a result of its complex transatlantic merger, as it
>predicted tough times ahead with another dip in sales in the first
>quarter.
>
>
>In an interview with Les Echos newspaper on Monday, Alcatel-Lucent
>Chief Executive Patricia Russo said it was too early to specify the
>job cuts country by country.
>Workers at Alcatel-Lucent have called for a strike on Feb. 15 to
>protest against the job cuts which were previously expected to amount
>to 9,000, or 11 percent of staff.
>
>The job cuts come as the campaign for France's presidential and
>parliamentary elections heats up.
They won't get off their asses to save there own country, who cares if
they have a job.....
Hope the damn frogs starve to death.....
XXXX 'em.......
Hugh
|