Alcatel shares dive after PM threatens to veto job cuts

By AFP
Published on
Alcatel shares dive after PM threatens to veto job cuts (via AFP)

Shares in telecom-equipment group Alctael-Lucent plunged by nearly 7 percent on Wednesday, as controversy built up over a restructuring plan to cut 10,000 jobs worldwide and 900 jobs in France. Prime Minister Jean-Marc Ayrault threatened to block the…

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