ALU Announces Strategic Vision for 2009 and Beyond

Next Generation Communications Blog

ALU Announces Strategic Vision for 2009 and Beyond

Alcatel-Lucent CEO Ben Verwaayen spoke to media and analysts at a press conference today, announcing the company's strategic plan for 2009 and beyond. To read a full description of the company's plans, please read this article.
 
Verwaayen promised to work closely with Alcatel-Lucent's service provider, enterprise and application partners to "innovate, collaborate and partner... to stimulate a sustainable business model for the industry that will fuel innovation and the capital investment required to expand the overall web experience to more people and businesses."
 
The company will undergo a strategic reduction in workforce, eliminating approximately 1,000 management positions and lowering the number of contractor headcount by approximately 5,000.
 
Plans call for reducing the company's break-even point by 1 Billion Euros a year in 2009 and 2010.
 
Company officials also spoke of a renewed focus on research and development activities, targeting four key segments (Optical, IP, broadband and Applications enablement).


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