Tuesday, November 6, 2012

Alcatel-Lucent Faces Deeper Job Cuts to Match Rivals' Efficiency

Nokia Siemens, the venture between Finland's Nokia Oyj (NOK1V) and Siemens AG (SIE) of Germany, announced plans a year ago to slash 17,000 positions, or 23 percent of its headcount. The cuts helped the equipment supplier report a third-quarter ...

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