Alcatel and Lucent's Merger should be an interesting thing to watch out for. Specially keeping in mind L.N. Mittal's Arcelor takeover bid where he had announced 'no job cuts'. Compared to that - Alcatel and Lucent are already announcing nearly 9000 job cuts.
I am wondering how India Development Centers of these companies would be affected by this move. The article also mentions more possible acquisitions and mergers because of this deal. Lets see.