Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Computer, Electrical Electronic And Optical Products
Manufacture Of Computer, Electronic And Optical Products
26 - Manufacture of computer, electronic and optical products

7,000 jobs
Number of planned job losses
Job loss
Announcement Date
24 July 2002
Employment effect (start)
Foreseen end date
1 December 2002

Description

Lucent plan to reduce the working force untill 45000 workers by the end 2002, in order to reduce the loss of the company.


Sources

Citation

Eurofound (2002), Lucent Tehnologies, Internal restructuring in World, factsheet number 58864, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58864.