{"id":6032,"date":"2007-10-31T09:26:47","date_gmt":"2007-10-31T09:26:47","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/alcatellucent-cuts-4000-more.html"},"modified":"2007-10-31T09:26:47","modified_gmt":"2007-10-31T09:26:47","slug":"alcatellucent-cuts-4000-more","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/alcatellucent-cuts-4000-more.html","title":{"rendered":"Alcatel-Lucent Cuts 4,000 More"},"content":{"rendered":"<div style=\"MARGIN: 0in 0in 0pt\">Yesterday I wrote a blog entry titled <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/ip-communications\/alcatellucent-may-cut-more.html\">Alcatel-Lucent May Cut More<\/a> based on an article from the Financial Times. Today, unfortunately there is a story from the Wall Street Journal <a href=\"http:\/\/online.wsj.com\/article\/SB119381368629977457.html?mod=djemalert\">saying<\/a> the recently formed company will cut 4,000 extra jobs and target a further 400 million euros ($577 million) in cost savings as part of a new accelerated restructuring plan.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">The company also announced that Chief Financial Officer Jean-Pascal Beaufret is leaving the company.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">The disclosure came as the company reported a third-quarter net loss of 345 million euros, compared with a pro forma net profit of 532 million euros a year earlier.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday I wrote a blog entry titled Alcatel-Lucent May Cut More based on an article from the Financial Times. Today, unfortunately there is a story from the Wall Street Journal saying the recently formed company will cut 4,000 extra jobs and target a further 400 million euros ($577 million) in cost savings as part of<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[171,179,180,160,212,199,218,156,189,211,118,177,190,191,219,175],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6032"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=6032"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6032\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=6032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=6032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=6032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}