70 Dublin jobs to go at Alcatel-Lucent


14 Feb 2007

Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+Pin on PinterestShare on RedditEmail this to someone

Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+Pin on PinterestShare on RedditEmail this to someone

It has emerged that 70 full-time jobs at Alcatel-Lucent’s operations in Dublin are to be cut at the company’s Blanchardstown operation.

The newly combined French-American company said that the merger had hit its profits and it was trying to claw back savings of €1.7bn by 2010.

2006 net profit was €522m, down from €1.6bn in 2005.

As a result of the merger the company said it was laying off 9,000 people worldwide.

In Ireland, Alcatel-Lucent employs 260 full-time workers and 130 contract workers, with 20 more employed in Cork.

By John Kennedy

66

DAYS

4

HOURS

26

MINUTES

Buy your tickets now!