Alcatel-Lucent to lay off thousands, despite big patent win
It looks like Alcatel-Lucent’s big patent win against Microsoft won’t help more than 1,700 European employees who will be getting pink slips soon. The company is laying off those employees which is part of a global reduction of 12500 jobs. Most of the European layoffs will happen in Germany, followed by Spain.
Alcatel-Lucent claims Microsoft violated its MP3 compression patent and successfully won $1.5 billion Dollars in U.S. District Court this week. However the inevitable appeals will probably delay or even cancel out any payment for the next few years.
Read more ... International Herald Tribune
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