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paolo.franzoi 12/5/2012 | 2:59:52 PM
re: AlcaLu Cuts 4,000 More Jobs
Stevery, Stevery, Stevery....sigh....

Of course she has. She successfully reorganized Lucent into the CEO job at even a bigger pile of dung. That will come with more money!

How else do you define success?

seven
Stevery 12/5/2012 | 2:59:52 PM
re: AlcaLu Cuts 4,000 More Jobs
The "offensive strategy" includes a greater focus on blah blah blah

Pat's strategy has been offensive for years now.

But seriously, has she EVER done a successful restructuring?
Stevery 12/5/2012 | 2:59:51 PM
re: AlcaLu Cuts 4,000 More Jobs
lol. Not only is seven good for a laugh this morning, it seems that Pat herself is a pretty good comedienne. From the AP feed:

The much-anticipated new plans include
1. a slimmed down management team,
2. a more streamlined core carrier business and
3. a focus on higher-margin businesses.


... because she such a poor leader that she started working on those three items only AFTER the board put a gun to her head.

C'mon big shareholders! How much longer are you going to tolerate this magnitude of stupidity?

zwixard 12/5/2012 | 2:59:51 PM
re: AlcaLu Cuts 4,000 More Jobs Leaders have visions, managers manage that big pile of dung. Nortel dumped 3G to Alcatel who has absolutely no vision on what is coming. Poor Pat the manager never has chance to set the company in the right direction.
ThurstonHowell3rd 12/5/2012 | 2:59:50 PM
re: AlcaLu Cuts 4,000 More Jobs Stevery,

Of course she's had a successful hand in restructuring!! Ask her plastic surgeon!! Its amazing what they can do with Teflon, a pressure washer and a good belt sander these days!!!

Now... Gilligan... fetch me a margarita and don't forget the umbrella!!
bll 12/5/2012 | 2:59:42 PM
re: AlcaLu Cuts 4,000 More Jobs .....The new business plan should result in cost savings totaling Gé¼400 million ($578 million) by the end of 2009. AlcaLu's initial restructuring program was designed to cut costs by Gé¼1.7 billion ($2.45 billion)......
To save 400 milion by cutting 4000 jobs is a matter of a beginner accuntant and not of a senior CEO of a big company.
Shareholders have to hope that Alcalu has a secret plan for improving its busness plan and this is only declared to confuse the competitors. Otherwise... cut jobs will be much more...

flam 12/5/2012 | 2:59:29 PM
re: AlcaLu Cuts 4,000 More Jobs A little bird still inside the LU part of the mess tells that that wireless is for sale. Who'd buy it?

NT: nah, they dumped UMTS on LU. The same little birdie tells me that ALU staff is competing with NT's outsourced developers for work.

MOT: nah, they're better at reading financial statements.

Who's left? The chinese? The indians?
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