LayoffBlog.com

November 10, 2008

Nortel Cuts 1,300 Jobs and Lowers Its Outlook

Filed under: Telecom — DF @ 3:22 pm
Tags: , , , , , ,

NY Times: “Nortel Networks, the telecommunication equipment maker that never recovered from the technology downturn early in this decade, announced a third-quarter loss on Monday of $3.4 billion along with plans to reduce its work force by about 5 percent.”
Full story

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: