Saturday, November 27, 2021

Nortel issues warning, cuts staff . . . again

Nortel Networks Corp. issued a revenue warning yesterday predicting lower than expected first-quarter financial results and said it will lay off a further 5,000 staff.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication. Click this link to send me a note →

Jim Love, Chief Content Officer, IT World Canada
Previous articleCanada
Next articleEricsson announces layoffs

Related Tech News