Alcatel-Lucent to Reduce 5,000 Jobs After Slump
Alcatel-Lucent SA, France’s largest phone equipment supplier, plans to cut 5,000 jobs after posting a loss, as Chief Executive Officer Ben Verwaayen is under pressure to accelerate his turnaround effort.
Most Recent Videos
Bloomberg Markets Trump: First 100 Days 4/21
07:29 - Guests include: Jacob Frenkel, JPMorgan Chase International chairman, Alice Rivlin, Brookings Institution senior fellow and Sweden's Finance Minister Magdalena Andersson. (Source: Bloomberg)