- Location
1
result for "
haemorrhaging profits
"-
Alcatel-Lucent to Cut 5,000 Jobs as Part of a Move to Save EUR750m Amid Results
Dec 21, 2012Telecoms kit maker Alcatel-Lucent is to cut 5,000 jobs as part of a move to save EUR750m (GBP 588m) amid results which saw the company haemorrhaging profits for the second quarter. For the three months to June, the company lost EUR254m in ...
Tags: Telecoms, haemorrhaging profits, second quarter, company news