News tagged with job cuts

Sony to close two-thirds of US stores

(AP)—Sony Corp. says it is closing about two-thirds of its U.S. Sony Stores is part of a wide-ranging company restructuring it announced earlier this month.

Feb 26, 2014
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New losses at Alcatel-Lucent amid rehaul

Telecommunications equipment maker Alcatel-Lucent SA lost 200 million euros ($274,000) in the third quarter, including costs of restructuring efforts aimed at turning around the long-struggling company.

Oct 31, 2013
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Telecoms firm Alcatel-Lucent to cut 10,000 jobs

Telecommunications equipment maker Alcatel-Lucent SA said Tuesday that it plans to cut 10,000 jobs worldwide over the next two years, the latest cost-cutting drive from the loss-making company.

Oct 08, 2013
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