Article

2006-04-05 Fifth Column

Russo ready for action - Layoff most US Lucent empl. as harder to fire French Alcatel workers

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Posted by 3dc 2006-04-05 12:38|| || Front Page|| [11137 views since 2007-05-07] Top

#1 I will not knowingly buy their chipsets or gear anymore either.

Posted by SPoD 2006-04-05 13:15|| http://sockpuppetofdoom.blogspot.com/]">[http://sockpuppetofdoom.blogspot.com/] 2006-04-05 13:15|| Front Page Top

#2 I don't think we'll see Patty on food stamps anytime soon...

Cash Compensation (FY September 2005)
Salary $1,200,000
Bonus $3,550,000
Latest FY other short-term comp. $114,430 Latest FY other long-term comp. $3,415,410
Latest FY long-term incentive payout $0

Total $8,279,840

As for her employees, well...

Posted by tu3031 2006-04-05 13:20|| 2006-04-05 13:20|| Front Page Top

#3 Shipping jobs overseas.

Posted by Nimble Spemble 2006-04-05 13:39|| 2006-04-05 13:39|| Front Page Top

#4 No surprise. Lucent US market share has been going down for a while. Have fun with the fwench labor laws sweetie!

Posted by DarthVader 2006-04-05 17:33|| 2006-04-05 17:33|| Front Page Top

#5 And the shareholders will have a fun time selling their shares on the Paris Bourse.

What did Lucent used to be before it got a name with no meaning?

Posted by Nimble Spemble 2006-04-05 17:46|| 2006-04-05 17:46|| Front Page Top

#6 What did Lucent used to be before it got a name with no meaning?

Merely one of the most illustrious telecom R&D labs in all history. You know, that place where the transistor was invented.

In February 1996, the soon-to-be-spun-off systems and technology unit of AT&T renamed itself Lucent Technologies and launched its separation with an initial public offering of stock issued in April 1996. The spin-off was completed in September 1996 when AT&T distributed its shares of Lucent to AT&T shareholders.

Posted by Zenster 2006-04-05 18:45|| 2006-04-05 18:45|| Front Page Top

#7

What did Lucent used to be before it got a name with no meaning?

lu·cent adj. - 1. Giving off light; luminous. 2. Translucent; clear.

Posted by Zenster 2006-04-05 18:48|| 2006-04-05 18:48|| Front Page Top

#8 You mean Bell Labs? The guys who discovered the universe is actually expanding? And it gets sold to the frogs and there's no national outcry? No wonder they give those companies such oxymoronic names.

Posted by Nimble Spemble 2006-04-05 20:25|| 2006-04-05 20:25|| Front Page Top

#9 You mean Bell Labs of the transistor, Apollo program, lasers, etc. That Bell Labs is long gone. Most of the sites have been closed and the work moved off-shore. Thank Russo and her predecessor McGinn for that.

Posted by AJackson 2006-04-05 21:31|| 2006-04-05 21:31|| Front Page Top

#10 Thank Harvard Biz School and the U of Chicago Biz school. Traitors both of them.

Posted by 3dc 2006-04-05 21:43|| 2006-04-05 21:43|| Front Page Top

#11 Rather, thank an arrogance bred of a long monopoly position. The AT&T leadership - and that includes research leadership - never came to grips with having to compete in an open market.

Posted by lotp 2006-04-05 21:46|| 2006-04-05 21:46|| Front Page Top

#12 Not that HBS is my favorite source of wisdom on competing in open markets, mind you .....

Posted by lotp 2006-04-05 21:51|| 2006-04-05 21:51|| Front Page Top

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