A French company in India, by the name of Alcatel-Lucent is having some problems with their business which results to cutting their number of employees. This is not quite a good news for people who are working in the mentioned establishment. The plan of the company is part of their global restructuring aimed at making their business more profitable.
Alcatel Lucent Logo
The employees that would be lay off would be nearly 1,000 which is about 9% of its workforce in India. Today, around 7,000 employees house Alcatel-Lucent India which is assigned in maintaining and managing Reliance Communications’ countrywide CDMA and GSM networks and Bharti Airtel’s landline and broadband networks.
With this job cut, the company has become the second European company that had announced a cut down in their staff after Nokia Siemens Networks mentioned about its plan of cutting 17,000 jobs globally. Among the reasons for this cut is for optimizing cost and organizational revamp.
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