Comments on: Updated: Nortel Is Bankrupt, More Layoffs Coming http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/ Trusted Insights and Conversations on the Next Wave of Technology Thu, 26 Nov 2009 19:44:08 +0000 http://wordpress.com/ hourly 1 By: VM http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-968372 VM Wed, 19 Aug 2009 12:38:54 +0000 http://gigaom.com/?p=35437#comment-968372 <p>My experience in working with other vendor / management teams has been that once the cut backs are done and the company settles down, there is likely some good that can be derived from the company besides just profits. It takes a special leader to be able to balance the needs to drive profits with the satisfaction of a group of highly technical employees who see their work as a lot more than a vehicle to maximize ROI, and this group has these types of employees. It will be interesting to watch and learn what happens.</p> My experience in working with other vendor / management teams has been that once the cut backs are done and the company settles down, there is likely some good that can be derived from the company besides just profits. It takes a special leader to be able to balance the needs to drive profits with the satisfaction of a group of highly technical employees who see their work as a lot more than a vehicle to maximize ROI, and this group has these types of employees. It will be interesting to watch and learn what happens.

]]> By: Nortel CEO Quits http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-966009 Nortel CEO Quits Mon, 10 Aug 2009 22:35:12 +0000 http://gigaom.com/?p=35437#comment-966009 <p>[...] Om Malik | Monday, August 10, 2009 | 3:34 PM PT | 0 comments Nortel Networks, the bankrupt telecom equipment maker, which is in the process of dismembering itself and selling off its pieces says that the President [...]</p> [...] Om Malik | Monday, August 10, 2009 | 3:34 PM PT | 0 comments Nortel Networks, the bankrupt telecom equipment maker, which is in the process of dismembering itself and selling off its pieces says that the President [...]

]]> By: Why BlackBerry Maker RIM Wants to Buy Nortel’s Wireless Biz http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-962079 Why BlackBerry Maker RIM Wants to Buy Nortel’s Wireless Biz Fri, 24 Jul 2009 20:56:46 +0000 http://gigaom.com/?p=35437#comment-962079 <p>[...] who set it on a downward spiral during the telecom bubble, Nortel was never able to recover. It filed for bankruptcy protection in January, then moved to hive off its pieces — and that’s when the vultures appeared. (Related [...]</p> [...] who set it on a downward spiral during the telecom bubble, Nortel was never able to recover. It filed for bankruptcy protection in January, then moved to hive off its pieces — and that’s when the vultures appeared. (Related [...]

]]> By: DA Durban http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-953118 DA Durban Tue, 16 Jun 2009 01:54:40 +0000 http://gigaom.com/?p=35437#comment-953118 <p>Victor Blake u hit it right on the Head! Thats NT fault for not being more flexable and change with the times! Cheers to u Victor Blake u should have been the CEO u would have done alot better! peace Da Durban Senior Field Communitions Data & Voice Tech. E.N.S Comunications</p> Victor Blake u hit it right on the Head! Thats NT fault for not being more flexable and change with the times! Cheers to u Victor Blake u should have been the CEO u would have done alot better! peace Da Durban Senior Field Communitions Data & Voice Tech. E.N.S Comunications

]]> By: jjray http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-938335 jjray Fri, 17 Apr 2009 23:39:29 +0000 http://gigaom.com/?p=35437#comment-938335 <p>I agree with Jukka's point about Nortel's bad business decisions being the driving force behind this bankruptcy but I don't think we can divorce it from the business climate. Warren Buffet said when the tide goes out we get to see who has been skinny dipping. Inefficient companies can survive in good times but suffer disproportionately vis a vis their leaner competition in bad times.</p> I agree with Jukka’s point about Nortel’s bad business decisions being the driving force behind this bankruptcy but I don’t think we can divorce it from the business climate. Warren Buffet said when the tide goes out we get to see who has been skinny dipping. Inefficient companies can survive in good times but suffer disproportionately vis a vis their leaner competition in bad times.

]]> By: Nortel Won’t Be Coming Back from Bankruptcy http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-936939 Nortel Won’t Be Coming Back from Bankruptcy Thu, 09 Apr 2009 15:06:45 +0000 http://gigaom.com/?p=35437#comment-936939 <p>[...] at Nortel, which filed for bankruptcy back in January, had said the company planned to emerge from bankruptcy, but as the process continues that scenario [...]</p> [...] at Nortel, which filed for bankruptcy back in January, had said the company planned to emerge from bankruptcy, but as the process continues that scenario [...]

]]> By: Nortel Keeps Market Guessing, Will It Sell or Slim Down? http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-931099 Nortel Keeps Market Guessing, Will It Sell or Slim Down? Thu, 12 Mar 2009 14:22:59 +0000 http://gigaom.com/?p=35437#comment-931099 <p>[...] which filed for bankruptcy in January, may also sell its enterprise business, and it already has signed an agreement to sell its wireless [...]</p> [...] which filed for bankruptcy in January, may also sell its enterprise business, and it already has signed an agreement to sell its wireless [...]

]]> By: Nortel to Cut 3,200 More Workers http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-928855 Nortel to Cut 3,200 More Workers Wed, 25 Feb 2009 16:30:30 +0000 http://gigaom.com/?p=35437#comment-928855 <p>[...] the coming months — bringing its total workforce down 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 [...]</p> [...] the coming months — bringing its total workforce down 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 [...]

]]> By: Let The Nortel Breakup Begin http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-928151 Let The Nortel Breakup Begin Fri, 20 Feb 2009 14:29:18 +0000 http://gigaom.com/?p=35437#comment-928151 <p>[...] Venture firms are investing in the space, and it looks like Radware would like to as well. Because Nortel filed for bankruptcy protection earlier this year, any deal would have to go through the bankruptcy court approval process. [...]</p> [...] Venture firms are investing in the space, and it looks like Radware would like to as well. Because Nortel filed for bankruptcy protection earlier this year, any deal would have to go through the bankruptcy court approval process. [...]

]]> By: Ericsson Cuts 5,000 Jobs After Strong Quarter http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-922600 Ericsson Cuts 5,000 Jobs After Strong Quarter Wed, 21 Jan 2009 14:26:28 +0000 http://gigaom.com/?p=35437#comment-922600 <p>[...] fault this line of thinking, especially given the weakness of other players in the market such as Nortel, which filed for bankruptcy last week or Motorola, which has laid off thousands. However, it’s a vicious cycle, as the news of [...]</p> [...] fault this line of thinking, especially given the weakness of other players in the market such as Nortel, which filed for bankruptcy last week or Motorola, which has laid off thousands. However, it’s a vicious cycle, as the news of [...]

]]> By: Top Post Wordpress « ATer: Criação de Sites Empresa (5511) 2527-3032. Sites Dinâmicos! http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-922008 Top Post Wordpress « ATer: Criação de Sites Empresa (5511) 2527-3032. Sites Dinâmicos! Fri, 16 Jan 2009 16:41:03 +0000 http://gigaom.com/?p=35437#comment-922008 <p>[...] Updated: Nortel Is Bankrupt, More Layoffs Coming Updated with confirmation, comment from Nortel: In a sign of just how deep the troubles of the troubled [...] [...]</p> [...] Updated: Nortel Is Bankrupt, More Layoffs Coming Updated with confirmation, comment from Nortel: In a sign of just how deep the troubles of the troubled [...] [...]

]]> By: james http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-921930 james Thu, 15 Jan 2009 20:50:18 +0000 http://gigaom.com/?p=35437#comment-921930 <p>as a former BMR scientist, I can tell you the days in nortel have been numbered for a long time. Once the bean counters got control of the company and began the practice of rewarding themselves and thereby killing off the talented staff, it does not take a phd to understand that nortel destroyed itself more from within. I just glad I cashed out my 401 and pension in 2002. We did have many ip products ready however, when groups such as mine were constantly forced to fix products purchased from others. We were bleed dry from within and those massive waves of talent leaving is the biggest sign. Dead cats may only bounce once</p> as a former BMR scientist, I can tell you the days in nortel have been numbered for a long time. Once the bean counters got control of the company and began the practice of rewarding themselves and thereby killing off the talented staff, it does not take a phd to understand that nortel destroyed itself more from within. I just glad I cashed out my 401 and pension in 2002. We did have many ip products ready however, when groups such as mine were constantly forced to fix products purchased from others. We were bleed dry from within and those massive waves of talent leaving is the biggest sign. Dead cats may only bounce once

]]> By: Jahangir Raina http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-921846 Jahangir Raina Thu, 15 Jan 2009 08:41:23 +0000 http://gigaom.com/?p=35437#comment-921846 <p>I predicted their bankruptcy two years ago. They lied with their numbers - all the time.</p> I predicted their bankruptcy two years ago. They lied with their numbers – all the time.

]]> By: Z-man http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-921798 Z-man Thu, 15 Jan 2009 01:29:11 +0000 http://gigaom.com/?p=35437#comment-921798 <p>Z-man took it down,this guy can take Cisco down in another 3 years,,,,,</p> Z-man took it down,this guy can take Cisco down in another 3 years,,,,,

]]> By: Om Malik http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-921767 Om Malik Wed, 14 Jan 2009 22:18:32 +0000 http://gigaom.com/?p=35437#comment-921767 <p>jesse</p> <p>you might be right about that. there is a whole lot of people who got away scott free after screwing up the company and telecom ecosystem.</p> jesse

you might be right about that. there is a whole lot of people who got away scott free after screwing up the company and telecom ecosystem.

]]> By: Jesse Kopelman http://gigaom.com/2009/01/14/a-nortel-bankruptcy-could-lead-to-a-deal/#comment-921766 Jesse Kopelman Wed, 14 Jan 2009 22:14:28 +0000 http://gigaom.com/?p=35437#comment-921766 <p>Stupidity or criminal malfeasance? I think a lot of former Nortel executives deserve to be in jail right now.</p> Stupidity or criminal malfeasance? I think a lot of former Nortel executives deserve to be in jail right now.

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