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Wednesday, 18 October 2006

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George Alexander

Russo's success is punctuated by the lay-off of over 125,000 Lucent employees (80% of the company) while receiving over $50 million of income and benefits. For what? Lucent's share price has dropped 50% since Russo took over in January 2002. Her crowning jewel is Lucent's merger with Alcatel, where she will reign as CEO, with the appropriately inflated income and more lay-offs to come.

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