News: Lucent merger may cause layoffs

Strategic HR

Lucent merger may cause layoffs

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.

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.

Read full story

Topics: Strategic HR, #Current, #Corporate

Did you find this story helpful?

Author

QUICK POLL

What are the top work tech investment focus areas for your company currently?

2 months free subscription
q_auto,f_auto/v1651472550/mag-april-2022.png

Subscribe to all new People Matters HR Magazine

.

Subscribe
And Save 59% plus Two months free

Subscribe now

Higher expectations must be matched with higher value.

READ our latest issue to find out how employers are ramping up EVP.