Lucent CFO resigns

In another sign of turmoil at Lucent Technologies Inc., the company announced that Chief Financial Officer Deborah Hopkins is leaving the company to pursue "other opportunities." Hopkins's departure couldn't come at a more delicate time for Lucent. Since the beginning of the year, the company has sagged under billions of dollars of losses, a Securities and Exchange Commission investigation and speculation about its financial outlook. Hopkins helped engineer a set of complicated maneuvers -- including $6.5 billion in bank lines and 10,000 layoffs -- to restore Lucent's financial health and credibility on Wall Street. In a statement, Hopkins said that with the restructuring program in place, "now was a natural time for me to leave." --Wall Street Journal