1 posts and columns on Mike Zafirovski

Nortel Announces Layoff Surplus

in News on February 25, 2009 at 10:17 am PT

More brutal news from Nortel today. The troubled telecommunications gear maker plans to sack an additional 3,200 workers world-wide over the coming months. Taken together with the company’s previously announced 1,800 layoffs, total job reductions will top out at 5,000.