Alcatel-Lucent's (ALU -3.2%) board will reportedly hammer out the details of the company's...
Alcatel-Lucent's (ALU -3.2%) board will reportedly hammer out the details of the company's restructuring plan at a meeting next week. Items for discussion include which businesses will be affected by the planned layoff of 5K workers, and how to monetize 29K patents, given a deal with RPX (RPXC) has fallen short of expectations. French unions are worried about the job cuts, which will trim the cash-burning and debt-laden telecom equipment vendor's workforce by less than 7%.
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