Type
Merger/Acquisition
Country
France
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

1,468 - 1,500 jobs
Number of planned job losses
Job loss
188 jobs
Number of planned job creations
Job creation
Announcement Date
13 February 2007
Employment effect (start)
1 March 2007
Foreseen end date
27 February 2009

Description

Alcatel-Lucent, the Franco-American telecommunications equipment manufacturer, announced on 23 February 2007 its plans to cut between 1,468 and 1,500 jobs in France within the next two years (until February 2009) as part of its global restructuring programme. In this sense, the French plan confirms the world programme announced in April 2006. The figure represents about 12% of the company's workforce in France. In February the company saw industrial action in France with around half of the workforce going on strike. Workers also demonstrated when the CEO took part at the 3GSM trade fair in Barcelona. The management of the group's French subsidiary has promised that restructuring will not involve forced redundancies. On 24 May 2007, the CEO confirmed to the members of the work's council that 1,468 jobs will be cut and announced the creation of 188 jobs in 'sectors in growth'.


Sources

  • 25 May 2007: Les Echos
  • 25 May 2007: La Tribune
  • 19 February 2007: Les Echos
  • 14 February 2007: Les Echos

Citation

Eurofound (2007), Alcatel-Lucent, Merger/Acquisition in France, factsheet number 64921, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64921.