If you listen carefully, you may be hearing some folks in Ottawa asking "what does the Alcatel-Lucent merger mean for me?". With 2,000 employees, Alcatel is one of the biggest high-tech employers in the nation's capital behind Nortel. Not surprisingly, many people are nervous given AlcaCent's plans to eliminate 8,800 jobs, or 10% of the new combined workforce. Patricia Russo, who will become AlcaCent's CEO, said the process will involve a "fair and balance approach" – whatever that means.
What about Riverstone employes just joined Lucent?
Riverstone products will compete with Timetra (acquired by Alcatel) in the Carrier Ethernet Market….
Anonymous
Not all of Riverstone. Installed product overlap will be replaced by Timetra. But good one for Alcatel as it gets to kill of a competing product and prevent it from falling into competitor hands, which ensures Timetra to continue its rampage.
Alcatel-Lucent Deal Makes Ottawa Nervous
If you listen carefully, you may be hearing some folks in Ottawa asking "what does the Alcatel-Lucent merger mean for me?". With 2,000 employees, Alcatel is one of the biggest high-tech employers in the nation's capital behind Nortel. Not surprisingly, many people are nervous given AlcaCent's plans to eliminate 8,800 jobs, or 10% of the new combined workforce. Patricia Russo, who will become AlcaCent's CEO, said the process will involve a "fair and balance approach" – whatever that means.