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Alcatel-Lucent's CEO Discusses Q2 2012 Results - Earnings Call Transcript
ALU has used again and again the same "job cut" recipe for 20 years every time the results were not as expected. Unfortunately head count reduction is a very short lived solution if it doesn't come with a real strategy (portfolio, production, market) over the mid and long term.
The share price, which has continuously dropped for the past 10 years confirms that the market needs much more creative solutions than those.
Ben, like his predecessors seem to have no clue whatsoever and go blindly left then right (one may remember that the same Ben announced only few months ago that there won't be further restructuring in 2012).
ALU troubles is mostly a problem of its inadequate management!!
Jul 28 03:25 PM
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