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

Reuters

French telecom equipment maker Alcatel-Lucent 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.

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

(Reporting by Gwenaelle Barzic; Editing by Laurence Frost)