Tuesday, April 19, 2005

Lucent Converges, Jobs to Go

The "old school" telecom companies continue to shape-shift. Article via Light Reading: "Lucent Technologies Inc. is combining its fixed and wireless business units under one roof, with former Mobility Solutions president Cindy Christy at the helm of the new Network Solutions Group. The move will result in "improvements to our cost and expense structure by integrating resources and simplifying the business," stated the company's press release, referring obliquely to upcoming job losses."

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