Alcatel to speed up optics business restructuring

Dec. 4, 2002
4 December 2002 -- Alcatel is to intensify the restructuring of its optical fibre making business, including the closure of an optical fibre factory in northern France and cutting jobs at two other sites by end-2003.

4 December 2002 -- To "adapt to the persistent crisis in the submarine network and optical fibre markets" (down by more than 80% and 60%, respectively, between 2000 and 2002), French telecoms equipment supplier Alcatel plans to intensify the restructuring of its optical fibre making business, initiated 18 months ago.

Extra measures by end-2003 will include closing an optical fibre factory in northern France and cutting jobs at two other sites in France (bringing total job cuts to 730 jobs):

-- The optical fibre site in Conflans Sainte-Honorine (Yvelines), which had 380 staff at end-2002, will be closed. Its R&D activity will be transferred to the Douvrin (Pas-de-Calais) site and its central functions to another Alcatel site in the Paris region (involving transferring 90 positions).

-- In Calais (Pas-de-Calais), which had 745 staff in Calais in submarine networks and optical fibre activities at end-2002, submarine network staffing will be cut by 280.

-- In Ormes (Loiret), which had 830 staff at end-2002, submarine network staffing will be cut by 70.

www.alcatel.com

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