NEWS Long suffering telco equipment maker Lucent is to axe a further 5,000 jobs. The New Jersey-based firm has confirmed it is planning to slash the number of its workforce from 60,000 to 55,000 by the end of June, according to US newswires. The company blamed the job cuts on the continuing trouble within the telecoms sector. Lucent announced last month it will not make a profit this year due to a massive decline in sales.
Lucent swings the job axe again
If you're looking for some cheap used office furniture you could do worse than give Lucent a ring... though it might seem a touch insensitive...
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