Comments on: Nortel Cuts: Layoffs Come to Telco Land http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/ Trusted Insights and Conversations on the Next Wave of Technology Fri, 27 Nov 2009 00:25:55 +0000 http://wordpress.com/ hourly 1 By: Like That Little Engine, Nokia Siemens Thinks It Can Make It – GigaOM http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-985375 Like That Little Engine, Nokia Siemens Thinks It Can Make It – GigaOM Fri, 20 Nov 2009 05:09:48 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-985375 <p>[...] but the title amounts to wishful thinking, especially given the incredible difficulties the entire telecommunication equipment market faces. Remember Nortel? Like that “Little Engine that Could,” Nokia Siemens may think [...]</p> [...] but the title amounts to wishful thinking, especially given the incredible difficulties the entire telecommunication equipment market faces. Remember Nortel? Like that “Little Engine that Could,” Nokia Siemens may think [...]

]]> By: Nortel to Cut 3,200 More Workers http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-928856 Nortel to Cut 3,200 More Workers Wed, 25 Feb 2009 16:30:34 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-928856 <p>[...] to 25,000. The Canadian company, which filed for bankruptcy in January, said last November that it would cut 1,300 employees — and that was on top of a 1,200-person culling announced even earlier. As part of [...]</p> [...] to 25,000. The Canadian company, which filed for bankruptcy in January, said last November that it would cut 1,300 employees — and that was on top of a 1,200-person culling announced even earlier. As part of [...]

]]> By: Nortel Is Bankrupt — So What’s Next? http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-921718 Nortel Is Bankrupt — So What’s Next? Wed, 14 Jan 2009 15:47:54 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-921718 <p>[...] for bankruptcy, perhaps as soon as today. The Canadian company has $4.5 billion in debt, and faces declining sales for its gear as operators pause network deployments. To further its woes, Nortel is having a tough time selling [...]</p> [...] for bankruptcy, perhaps as soon as today. The Canadian company has $4.5 billion in debt, and faces declining sales for its gear as operators pause network deployments. To further its woes, Nortel is having a tough time selling [...]

]]> By: A Nortel Bankruptcy Could Lead to a Deal http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-921706 A Nortel Bankruptcy Could Lead to a Deal Wed, 14 Jan 2009 13:59:26 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-921706 <p>[...] file for bankruptcy, perhaps as soon as today. The Canadian company has $4.5 billion in debt, faces declining sales for its gear as operators pause network deployments. To further its woes, the company is having a tough time [...]</p> [...] file for bankruptcy, perhaps as soon as today. The Canadian company has $4.5 billion in debt, faces declining sales for its gear as operators pause network deployments. To further its woes, the company is having a tough time [...]

]]> By: Nortel Seeks Bankruptcy Advice - GigaOM http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-917324 Nortel Seeks Bankruptcy Advice - GigaOM Wed, 10 Dec 2008 16:13:47 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-917324 <p>[...] of the last quarter), is facing continued pressure from emerging competitors such as Huwei, and the overall equipment industry is being pummeled by the global financial crisis. Nortel laid off 1,300 workers on Nov. 10, bringing its total layoff [...]</p> [...] of the last quarter), is facing continued pressure from emerging competitors such as Huwei, and the overall equipment industry is being pummeled by the global financial crisis. Nortel laid off 1,300 workers on Nov. 10, bringing its total layoff [...]

]]> By: Nokia Siemens Networks Makes Deeper Cuts - GigaOM http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-912089 Nokia Siemens Networks Makes Deeper Cuts - GigaOM Tue, 11 Nov 2008 15:10:56 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-912089 <p>[...] Nokia Corp. and Siemens AG. Laid off employees won’t be alone, as workers throughout the communications value chain watch their jobs disappear — from those working at Freescale and ST-NXP Wireless to those at Nokia and Motorola. The [...]</p> [...] Nokia Corp. and Siemens AG. Laid off employees won’t be alone, as workers throughout the communications value chain watch their jobs disappear — from those working at Freescale and ST-NXP Wireless to those at Nokia and Motorola. The [...]

]]> By: GregR http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-912053 GregR Tue, 11 Nov 2008 12:56:00 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-912053 <p>I think Nortel's problems have less to do with the economic situation, and more to do with the fact that their customer base is eroding very quickly. They have been largely unsuccessful in penetrating the Enterprise business with their networking and ip communications products, both of which Cisco has or now dominants. The fundamental problem with Nortel is that they have lost their relevance in the markets they serve and their customers are moving to competitors. The fact that the economy has pulled back is of secondary importance.</p> I think Nortel’s problems have less to do with the economic situation, and more to do with the fact that their customer base is eroding very quickly. They have been largely unsuccessful in penetrating the Enterprise business with their networking and ip communications products, both of which Cisco has or now dominants. The fundamental problem with Nortel is that they have lost their relevance in the markets they serve and their customers are moving to competitors. The fact that the economy has pulled back is of secondary importance.

]]> By: Susan http://gigaom.com/2008/11/10/layoffs-come-to-telco-land/#comment-911788 Susan Mon, 10 Nov 2008 16:25:01 +0000 http://gigaom.com/2008/11/09/layoffs-come-to-telco-land/#comment-911788 <p>My advice to those that need work is to hit the job boards hard. I see tons of high paying jobs:</p> <p>http://www.linkedin.com (networking for professionals) http://www.indeed.com (aggregated listings) http://www.realmatch.com (matches you to the perfect job)</p> <p>There is a perfect job out there for everone!</p> My advice to those that need work is to hit the job boards hard. I see tons of high paying jobs:

http://www.linkedin.com (networking for professionals) http://www.indeed.com (aggregated listings) http://www.realmatch.com (matches you to the perfect job)

There is a perfect job out there for everone!

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