Axe falls yet again at Nortel
Article Abstract:
Nortel announces massive job lay-offs. Company officials announced an additional 19,500 jobs will be cut, blaming the most recent $3.6 billion quarterly loss, a near meltdown in the telecommunications industry and lower than expected capital spending by customers.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Nortel names second-in-command to Roth
Article Abstract:
Brampton, Ont.-based Nortel Networks Corp. has announced the appointment of a new chief operating officer, Clarence Chandron. Industry analysts said that the new COO may be groomed as a successor to CEO John Roth.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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