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'It's bad, and there's no cavalry coming,' - Another 7,000 Jobs to Be Cut as Lucent by w1ld at 1:40 pm EDT, Jul 24, 2002 |
ucent Technologies Inc. announced a $7.91 billion loss for the fiscal third quarter and 7,000 more layoffs yesterday, adding another chapter to the seemingly unending tale of the telecommunications industry's woes. |
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