back to article Alcatel-Lucent cuts off 4,000 workers

Alcatel-Lucent boss Pat Russo shuffled the executive deck chairs and axed 4,000 workers today as the networking group lurched into the red for the third quarter. Russo appointed Hubert de Pesquidoux CFO, announcing Jean-Pascal Beaufret was leaving to pursue other opportunities. De Pesquidoux was previously head of the firm's …


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  1. Chad H.

    I have a great way of saving millions, without job losses

    Outsource the board of directors, and the executives to India.

    Indians work realy cheap, we could have a whole board for less than it costs for half a director. Plus, I'm sure the indian would work more than 3 days a month.

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