Financial Times FT.com

Deadline for Alcatel-Lucent

By Peggy Hollinger, Frédéric Schaeffer and,Guillaume de Calignon in Paris and Andrew Parker in,London

Published: September 28 2007 03:00 | Last updated: September 28 2007 03:00

Pat Russo, chief executive of Alcatel-Lucent, has been given one month to present an emergency restructuring plan to her board, as well as lay out where the group should focus its future research and sales efforts.

Ms Russo is also being urged to streamline the telecommunications equipment group's organisational structure, particularly the executive committee, which has grown top heavy since the merger of equals between Alcatel of France and Lucent of the US.

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