Job Title: Director
Location:
Submitted on: 05-Apr-03
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Job Title |
Workplace
Survey |
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Lucent went through a painful, tortuous downsizing process over the
last two years, reducing worldwide staff from over 100,000 to 35,000.
Reductions in headcount were made every Thursday, resulting in much
anxiety and a sense of loss for both employees and the corporation.
Lots of good employees left both voluntarily and through forced
reductions in staff. The effect on morale and employee productivity was
very hard on all concerned. The company continues to struggle back from
the current downturn in the telecom industry.
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