EMCC European Monitoring Centre on Change

Alcatel-Lucent

Company/Organisation:
Alcatel-Lucent

Geographic Location

Country: Germany

Company

Sector: Manufacturing
Manufacture of computer, electronic and optical products
26.3 - Manufacture of communication equipment
Number Employed: 3750
Group: Alcatel-Lucent

Employment Effects

Announcement Date: 19-10-2012
Planned Job Reductions min: 530
Planned Job Reductions max: 530
Type of Restructuring: Internal restructuring
Employment Effect Start: 19-10-2012
Foreseen End Date: 31-12-2013
Direct Dismissals: 530

Additional Information

As announced on October 19, 2012, French global telecommunications equipment cooperation Alcatel-Lucent will cut 530 jobs at its German affiliate. This is part of Alcatel’s global restructuring programme, which aims to cut about 5,500 jobs worldwide in an attempt to reduce costs (see here).

Alcatel-Lucent aims to reduce its costs by € 1.25 billion until the end of 2013. The company is reported to suffer from debt-cutting measures in Europe and growing competition from Asia.

In total, Alcatel employs 3,750 people in Germany.