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10,000 jobs to be cut at Alcatel-Lucent

Communications infrastructure business Alcatel-Lucent has revealed plans to cut around 10,000 jobs by the end of 2015. It’s part of a company-wide commitment to save €1 billion in the same period.

These actions, which form part of ‘The Shift Plan’ announced in June by new CEO Michel Combes, are designed to reposition Alcatel-Lucent as a ‘next generation’ technology specialist and return it to profit.

Author: The Fonecast
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UK mobile ad spending up 127% from last year

The amount of money spent on mobile-based advertising in the UK grew by 127% year-on-year to £429.2 million in the first half of 2013.

It means that 14.1% of all digital advertising spend is now targeted at mobile devices, which is nearly double the same period last year.

Author: The Fonecast
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