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Lucent merger may cause layoffs

• By People Matters

Lucent’s merger with Nokia Alcatel is likely to lead to layoffs in the company’s India unit. Most of these layoffs will be in the marketing and sales and R&D. Most of these layoffs will be an outcome of overlaps as a result of the merger. The company has approximately 100 sales people in India and about 2500 R&D professionals.

Read the Economic Times news report here.