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Alcatel to axe 5,000 jobs as battles downturn
26.07.2012. | PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent will axe 5,000 jobs and exit or restructure unprofitable markets in a drive to cut costs by 1.25 billion euros ($1.5 billion) by the end of next year as it battles stiff competition and weak demand....
