by

Nortel lays off 3,200 more

Opinion
Feb 25, 20091 min

Nortel, still in Chapter 11 bankruptcy protection, announced today that it is laying off 3,200 more workers, “incremental to the 1,800 remaining reductions from previously announced plans.” The company is in the midst of developing business and financial restructuring plans to emerge from bankruptcy protection. More here.

NetworkingFinancial Services IndustryIT Management
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Jeff Caruso is site editor at Network World. Contact him.

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