Reuters is reporting that most of Lucent – Alcatel’s 9000 post-merger job cuts will take place in North America and Western Europe.
According to Alcatel Chief Financial Officer Jean-Pascal Beaufret:
Close to 90 percent of headcount [reductions]) will be done in western Europe and North America. [Alcatel and Lucent] know precisely in every country which head will be taken
Are the Ontario and Canadian governments doing their parts to safeguard Alcatel R&D jobs?