Keyword: Alcatel-Lucent

Alcatel-Lucent slashes former CEO's huge golden parachute

Michel Combes was due to receive a 14 million-euro bonus from the telecom equipment maker which he sold to Nokia after serving just two years.

Boss of Franco-US company Alcatel-Lucent says he deserves 14 million euro bonus

Amid row, Michel Combes rejects pressure from French governement to turn down bonus, saying he helped turn around firm's fortunes.

French government backs Nokia bid for Alcatel-Lucent

France's economy minister said the Finnish company's takeover of its smaller French rival would be 'a good move' for Alcatel Lucent.

Alcatel shares dive after PM threatens to veto job cuts

Prime minister Jean-Marc Ayrault threatens to block the loss of 900 jobs in France unless the layoffs and plant closures are scaled down.

Alcatel-Lucent to cut 10,000 jobs

Unions pledge action after Franco-American telecommunications manufacturer says 900 of the jobs to be axed will be in France.

The defeat of a 'world giant': Alcatel-Lucent, its strategic errors and EU blindness


Earlier this month, telecommunications company Alcatel-Lucent announced it was to axe 1,430 jobs in France, representing 15% of its French workforce, and affecting every site in the country. Mediapart finance and business writer Martine Orange analyses the steady decline of a former flagship of French industry since its merger with America’s Lucent, when what was supposed to be a new, world giant has crumbled amid a series of strategic errors and the fratricidal effects of Europe’s deregulated telecommunications market.