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Lucent's Patricia Russo, who eliminated 30,000 jobs at Lucent Technologies Inc., says she will move quickly to reduce the workforce when she takes over as head of Alcatel SA after [its] $13.4 billion purchase of [Lucent].
Russo aims to save $1.7 billion after three years . . . [by eliminating] 10 percent of the combined staff, or 8,800 jobs, after reducing the workforce by 50 percent at Murray Hill, New Jersey-based Lucent.
If somebody asked if you wanted to buy the Brooklyn Bridge, you'd know it was a con. But how about buying the Indiana Toll Road? Before you snicker, you should know the Indiana highway was auctioned off last week for $3.8 billion.
Before you snicker, you should know the Indiana highway was auctioned off last week for $3.8 billion.
Three separate sources in the U.S. Treasury have told me that this week, the federal reserve ordered TWO TRILLION dollars to be printed! The U.S. Treasury is allegedly running printing presses 24/7 to accommodate that order. Treasury employees were specifically ORDERED not to talk about this to anyone because it could cause economic collapse.
They are simply not happy until they've silenced every last dissenter. Read More
Iraq's embassy to Canada lashed out at the Christian Peacemaker Teams Friday, calling them "phony pacifists" and "dupes" after the anti-war group responded to the rescue of three of its kidnapped activists by condemning the U.S.-led military intervention in Iraq.
But, instead . . . Read More
They have infiltrated the economy and are consuming it from within.
Read More
Bernanke is armed and dangerous - and he's not afraid to use it. Read More
The death of Justin, a 1st Cavalry Division machine gunner, stunned his parents . . . [A] year and a day after his son was killed, [Joe] Johnson was [in Iraq], pulling escort duty for fuel convoys on the bomb-pocked desert highways from Jordan.
[A] year and a day after his son was killed, [Joe] Johnson was [in Iraq], pulling escort duty for fuel convoys on the bomb-pocked desert highways from Jordan.
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