Financial Times FT.com

Alcatel restructure may bring more cuts

By Andrew Parker in London

Published: October 30 2007 20:38 | Last updated: October 30 2007 20:38

Patricia Russo, Alcatel-Lucent’s chief executive, will on Wednesday seek to revive investor confidence in the beleaguered telecoms equipment maker by outlining a souped- up restructuring plan.

She presented the plan on Tuesday to Alcatel-Lucent’s board. The company declined to comment on the contents last night, but analysts expected it to include proposals for more job cuts.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this