Alcatel cuts 90 UK jobs
Carrier Internetworking division hit by telecoms slowdown
Alcatel's Carrier Internetworking division has made 90 of its 244 UK workers redundant as it continues to suffer in the current telecoms slowdown. A spokeswoman confirmed the news but declined to comment.
Carrier Internetworking was acquired from Newbridge Networks in 2000 in a deal that the company claimed at the time would make it one of the top players in the next-generation networking market.
The acquisition combined Alcatel's expertise in fast internet access with Newbridge's strong ATM multi-service capabilities and targeted carriers as customers.
"Its main customers are telcos and it is having trouble because these customers are struggling and are just not buying," said Manny Pinon, sales and marketing director at Alcatel distribution partner Norwood Adam.
Keith Humphreys, an analyst at EuroLAN research, said: "This does not shock me but I am surprised this didn't happen earlier."
V3 Latest
First plant to grow on the Moon, err, dies
Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night
Fortnite news and updates: Fortnite made $2.4bn in 2018, according to SuperData
Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018
Japanese firm sends micro-satellites into space to deliver artificial meteor showers on demand
Meteor showers as a service will be visible for about 100 kilometres in all directions
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago