Alcatel-Lucent

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Alcatel-Lucent (French pronunciation: ​[alkatɛl lysɛnt]) is a French global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. The company focuses on fixed, mobile, and converged networking hardware, IP technologies, software, and services. Alcatel-Lucent has operations in more than 130 countries. In 2012 it was ranked technology supersector leader in the Dow Jones Sustainability Index.
Alcatel-Lucent is under the leadership of chief executive officer Michel Combes and the non-executive chairman of the board is Philippe Camus. Camus joined the company in the third quarter of 2008, alongside Ben Verwaayen as CEO, after Alcatel-Lucent's first CEO Patricia Russo and first chairman Serge Tchuruk resigned. For 2010, the company posted revenues of €15.996 billion and a reported net loss of €334 million. For 2011, the company posted revenues of €15.068 billion and a reported profit of €1.095 billion. For 2012, the company posted revenues of €14.446 billion and a reported loss of €1.374 billion. After seven consecutive years of negative cash flows, in October 2013 the company announced plans to slash 10,000 employees, or 14% of the total current 72,000 workforce, as a part of a €1 billion cost reduction effort.


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