Alcatel-Lucent CEO Verwaayen speaks during a news conference in Paris
Alcatel-Lucent Chief Executive Ben Verwaayen speaks during a news conference in Paris December 12, 2008. France's Alcatel-Lucent stepped up cost cuts and said it would shed 5,000 contractors as it gave a pessimistic forecast for the 2009 telecoms equipment market and declined to say when it would make a net profit. REUTERS/Charles Platiau (FRANCE)