Lucent Technologies (LU) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Lucent Technologies (LU)

LU 2.545

-0.6%

Dec 3 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: William Hunt who wrote (10319)	10/19/1999 4:03:00 PM
From: Techplayer	Read Replies (2) of 21876

William, Knocking out 20k people is the best thing for LU's long term position (if that is what is being planned). there is still a significant amount of fat in the company. Do you think that the cost of a layoff of this size is 100k/person? I am not so sure that investor sentiment is something that McGinn should be paying that much attention to at this point. the bottom line is that he needs to accomplish what he has committed to. Good luck, Brian

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next