Alcatel-Lucent announces an extension of voluntary-based restructuring program in France
Confirms role of France as a research cluster for 4G mobile and leading communication technologies
Paris, February, 2008 - At a meeting this morning Alcatel-Lucent (Euronext Paris and NYSE: ALU) presented to its social partners an extension of the voluntary-based restructuring program, which was initiated in 2007. The extension is part of the global cost reduction program announced on October 31, 2007 designed to align the company’s resources to the realities of the telecom industry’s difficult environment. This extension could result in the loss of some 400 positions, all of which will be done on a voluntary basis. The plan does not call for the closing of any Alcatel-Lucent locations in France.
France remains one of the major research locations for Alcatel-Lucent for next-generation advanced technologies, with notably a strengthening of teams for the development of 4G mobile networks and WiMAX. Alcatel-Lucent has research activities in the Paris metropolitan area, as well as in Brittany and Alsace, and is a leading player of the French competitiveness clusters initiative. France also hosts one of the main Bell Labs research centers in Villarceaux, located in the Paris metropolitan area.
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