Lucent offers early retirement to 10,000

Financially strapped telecommunications equipment vendor Lucent Technologies Inc. last week offered early retirement packages to more than 10,000 U.S.-based employees in order to speed up its restructuring efforts.

The employees -- midlevel managers not represented by a union who are eligible or nearly eligible for a pension -- have until July 10 to respond. The Murray Hill, N.J.-based company employs 104,000 people.

Join the newsletter!

Error: Please check your email address.

More about LucentLucent Technologies

Show Comments