HR Restructuring at Lucent Technologies |
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Management Reshuffling at Lucent Contd...
He added that fiscal 2001 was shaping up to be 'a transition and rebuilding
year for Lucent,' as the management planned to embark on a major
restructuring exercise. Lucent - Growth & ProblemsIn September 1995, US-based telecom giant AT&T (See Exhibit III for history of AT&T) announced that it would be restructuring itself into three separate companies - a services company, retaining the AT&T name; a products and systems company (later named Lucent Technologies); and a computer company (which assumed the name: NCR).
At the time it was spun off, Lucent was already a major
player in many businesses - mobility, data, optical and voice networking
technologies, professional network designs and consulting services, web-based
enterprise solutions which linked public and private networks, and
optoelectronics and communications semiconductors. |
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