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Alcatel-Lucent CEO to explain job cuts to French MPs

2013-10-09 12:37:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent CEO Michel Combes will be heard by the French National Assembly's committee on economic affairs during the week of 14 October, Reuters reports. He will be asked to provide details of the restructuring plan due to see the closure of several sites, the elimination of 15,000 jobs and the creation of 5,000. Industry minister Arnaud Montebourg has called on France's big telecom operators to show national solidarity by not automatically awarding contracts to the lowest bidder, but to support the manufacture of telecom equipment in France and in Europe.

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