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Paris - French-US telecom-equipment maker Alcatel-Lucent is to cut 10 0000 jobs worldwide to reduce fixed costs by 15% in two years, the company announced on Tuesday.
The company has lurched from crisis to false dawn to crisis since it was formed of a merger, and is restructuring and refocusing its activities to staunch losses.
The new 'Shift' plan is aimed at transforming research and development "for greater efficiency and a reallocation of resources to focus on future technologies while making a significant reduction of fixed costs," a statement said.
The company said that 4 100 jobs would be cut in Europe, the Middle East and Africa by 2015, 3 800 in the Asia Pacific region, and 2,100 in North and South America.
"By the end of 2015, Alcatel-Lucent will halve the number of its business hubs globally," the statement said.
Chief executive officer Michel Combes said: "We launched The Shift Plan in June to give Alcatel-Lucent an industrially sustainable future.
"To carry out this plan we must make difficult decisions ... The Shift Plan is about the company regaining control of its destiny."
Alcatel-Lucent said it would shed about 900 jobs in France next year. Spending on research and development for new technologies would be raised to 85% of the R&D budget from the current level of 65%.
Alcatel-Lucent posted a loss of €885m ($1.2bn) in the six months to June, compared with a loss of €396m for the same period in 2012.
