The France-based telecom infrastructure company has stated that despite its decision to reduce its global headcount by 5,000, India continues to be an important research and development (R&D) centre and market for it.
As of now Alcatel Lucent has not taken any decision to reduce its staff in India. The company employs 10,000 people in India and manages a wide network of the fixed and CDMA wireless lines in the country. It will continue to focus on building India?s broadband infrastructure.
Globally, the company is struggling to keep ahead of the competition and has undertaken several measures to reduce its costs and increase profitability.
In July, 2012 Alcatel Lucent decided to reduce its global headcount by 5,000 and exit or restructure non-profitable businesses. These measures have been undertaken to help the company save about 1.25 billion euros by the end of 2013.
Earlier, the company reported a net loss of 254 million euros for the second quarter ending on June 30, 2012. The company?s revenues declined from 3,817 million euros in the second quarter of 2011 to 3,545 million euros for the corresponding period in 2012.
