Alcatel (ALU) to Halve, Consolidate Executive Positions in EUR 1.25B Cost-Savings Effort

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Go back to Alcatel (ALU) to Halve, Consolidate Executive Positions in EUR 1.25B Cost-Savings Effort

Alcatel-Lucent (ALU) Q2 Revs Drop 7.1% to EUR 3.55B, Reports Op. Loss of EUR 31M; to Cut 5,000 Positions

July 26, 2012 7:26 AM EDT

Alcatel-Lucent (NYSE: ALU) reported Q2 revs of 3.545 billion, down 7.1% from the same period last year.

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