Alcatel-Lucent to cut 5,490 jobs worldwide: union

Thu Oct 18, 2012 6:51am EDT
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PARIS (Reuters) - French telecom equipment maker Alcatel-Lucent ALUA.PA plans to axe 5,490 jobs worldwide as part of a cost-cutting plan announced in July, with 3,300 in Europe and 1,490 in France, a French union said on Thursday.

"We are in shock," said Isabelle Guillemot, of the CFDT union.

Alcatel had said in July that it planned global headcount reductions of "around 5,000" staff.

(Reporting by Gwenaelle Barzic; Editing by Laurence Frost)

The logo of communications provider Alcatel-Lucent is seen in Paris, October 31, 2007. REUTERS/Benoit Tessier