PARIS (AFX) - Alcatel-Lucent employees could go on strike later this month over the company's plans to cut about 9,000 jobs, amid fears that the number of headcount reductions could increase, labour union sources told French daily Le Figaro.
A coalition of labour unions is being planned ahead of a French works council meeting set for Feb 16, which 'could decide to strike next week,' an unidentified union source told the paper.
Alcatel-Lucent reports full year results on Friday, and many analysts consider that more job cuts could be announced by chief executive Patricia Russo; Goldman Sachs is tabling on over 10,400 cuts, according to Le Figaro. paris@afxnews.com js/jfr COPYRIGHT Copyright AFX News Limited 2006. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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