Retail Business

Alcatel-Lucent Chairman and ceo gone


Since the mergers of Alcatel-Lucent, things haven’t looked up
for this great company. From posting 1.7 billion dollar
quarterly loss. Quarterly revenues were down 5.2% to 6.5
billion dollars, slowing economic conditions could also
hurt their sales goals for coming months.

I think from
changing management, it won’t really improve much, some
major changes need to happen in their overall business
practice for the company to profit better.

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