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Lucent Offers 10,000 Voluntary Retirements

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TRENTON, N.J., June 8 -- Lucent Technologies Inc. has offered voluntary retirement buyouts to more than 10,000 US-based employees in an effort to accelerate restructuring of the struggling telecommunications giant. The employees targeted for the offers include middle-level managers and a small percentage of nonunion clerical workers. All reportedly are either eligible or nearly eligible for a pension.
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Published: June 2001
CommunicationsNews & Features

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