Alcatel-Lucent Belgium

Type
Internal restructuring
Country
Belgium
Region
Location of affected unit(s)
Antwerpen, Namur
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
290 jobs
Number of planned job losses
Job loss
Announcement Date
17 October 2012
Employment effect (start)
30 November 2012
Foreseen end date
30 June 2013

Description

The French company Alcatel-Lucent announced its intention to cut 290 jobs in Belgium.

The job cuts will be made within the framework of a worldwide restructuring plan announced on 26 July, with its intention to cut 5000 jobs (6.6% of its workforce). On 18.10.2012 this number was updated to 5490 staff reductions worldwide (see here). Since the merger with Lucent, the company has cut around 20,000 jobs, as they aim to reduce their costs by 12,5 million euro by the end of 2013 .

This move is reported to come as a surprise, as 185 job cuts were announced in January (see here) and in the summer the Belgian unions were promised that there would not be any further staff reductions this year.

Sources

  • 19 October 2012: La Libre
  • 18 October 2012: Le Soir

Citation

Eurofound (2012), Alcatel-Lucent Belgium, Internal restructuring in Belgium, factsheet number 74355, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74355.