Alcatel-Lucent to cut 850 jobs in France as part of wider cost-cutting plan

October 6th, 2009 BA cuts 1,000 jobs, will shrink Heathrow crewsLONDON — British Airways PLC says it is shedding 1,000 fulltime jobs and putting 3,000 more employees on part-time work and reducing size of cabin crews at Heathrow in an effort to get the troubled airline's finances back in order. BA spokesman Paul Marston said Tuesday the company was in "a very serious financial position" and was working hard to turn itself around with an aggressive cost-reduction program.

September 18th, 2009 BANGALORE - Leading chip maker Cypress Semiconductor Corp entered into a partnership with the Bhubaneswar Institute of Technology to set up a programmable System on Chip (SoC) laboratory at Bhubaneswar in Orissa, the company said here Friday. As part of the agreement, signed at Cypress headquarters' at San Jose in California by Bhubaneswar institute's Rabi Mahapatra and Cypress University Alliance director Patrick Kane, the chip maker will provide training to the faculty and students of the Bhubaneswar institute, with free hardware kits and software tools, the company said.

September 10th, 2009 MUMBAI - Reliance Mobile Thursday launched a search platform with maps data, BIGMaps, on its GSM network, enabling users to search for any local information on an all-India basis, a top official said here. The company now plans to offer the service on the Internet soon, according to BIGMaps COO Manav Sethi.

September 10th, 2009 MUMBAI - Reliance Mobile Thursday launched a search platform with maps data, BIGMaps, on its GSM network, enabling users to search for any local information on an all-India basis, a top official said here. The company now plans to offer the service on the Internet soon, according to BIGMaps COO Manav Sethi.

August 18th, 2009 NEW DELHI - Unitech Wireless has secured a loan of Rs.5,000 crore (about $1 billion) from State Bank of India (SBI) to fund its mobile network rollout, the company said Tuesday. Unitech Wireless is a joint venture between Norwegian telecom giant Telenor and real estate major Unitech.

July 30th, 2009 Alcatel-Lucent makes 1st profit since 2006 mergerPARIS — Alcatel-Lucent surprised its investors Thursday by posting its first profit since the company's creation in a trans-Atlantic merger in 2006, as gains on asset sales helped the telecommunications equipment maker's bottom line. The Paris-based company reported a net profit of euro14 million ($19.6 million) for the April through June period, compared to a net loss of euro1.1 billion a year earlier, when earnings were hit by a nearly billion-euro writedown on wireless technology assets.

July 17th, 2009 Cisco lays off 600 to 700 workers at headquartersSAN JOSE, Calif. — Cisco Systems Inc.

June 18th, 2009 NEW DELHI - Telecom equipment manufacturer Alcatel Lucent has entered into a 10-year agreement with Hewlett-Packard (HP) to market telecom and IT products and services, it was announced Thursday. As per the agreement, the companies will jointly market communication solutions among mid and large-size enterprises and public sector units through one-stop-shop business model, a joint statement said.

June 1st, 2009 NEW DELHI - Despite the overall slowdown and driven by unprecedented demand for mobile phone connections, the Indian telecom equipment industry grew 20 percent last fiscal to top $24 billion in revenues, says a new survey. Interestingly, though, the market for mobile and fixed-line handsets grew just 6 percent because of crashing prices and focus on rural market, said the annual survey by Voice and Data, a telecom industry journal of CyberMedia group.

May 15th, 2009 NEW DELHI - French telecom infrastructure firm Alcatel-Lucent Friday said it had bagged a $150 million contract from Unitech Wireless to support its launch of GSM operations. Unitech Wireless is a joint venture between real estate major Unitech Ltd and Norwegian telecom giant Telenor.

May 9th, 2009 Sun Micro: We may have broken US anti-bribery lawSAN JOSE, Calif. — Sun Microsystems Inc.

May 8th, 2009 UPS shareholders elect board, OK compensation planATLANTA — UPS Inc. shareholders elected a board of directors for a one-year term Thursday at the company's annual meeting.

May 5th, 2009 Alcatel-Lucent net loss widens in 1QPARIS — Alcatel-Lucent's net loss widened in the first quarter as sales of both wireless and wireline communications gear continued to fall in all major markets amid the global economic downturn. The world's third-largest supplier of wireless networking equipment for telecom operators and companies blamed tough market conditions and continued restructuring for the shortfall — its ninth consecutive quarterly loss since Alcatel-Lucent was created in 2006.

April 15th, 2009 PARIS - French-Dutch air carrier Air France-KLM said Wednesday it would cut between 2,500 and 3,000 jobs by 2011. A spokesman for the airline said there would be no direct layoffs, but positions lost to retirement would not be refilled.

March 4th, 2009 NEW DELHI - The mobile phone number may become an individual's identity number (ID) on account of its uniqueness if Alcatel-Lucent's plans materialise, the company said Tuesday. 'We are working with the government of India so that mobile number can be used as ID number of a person,' said Alcatel-Lucent India president Vivek Mohan.