Nortel: Alberta boom? What Alberta boom?

Published: May 28th, 2008

Rising oil prices are turning Calgary into an economic juggernaut, but that’s not good enough for Nortel Networks, which announced it would be pulling out of the city by the end of next year.

At least 400 will be out of a job as the company focuses more attention on Toronto and Ottawa. This was primarily an R&D facility. Guess it’s hard to brainstorm new ideas when you’re too busy counting all the money flowing into your province.

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

Related Download
Moving to the Cloud: Beyond the Myths Sponsor: Carbon60
Moving to the Cloud: Beyond the Myths
Get on the road to cloud success by moving past the myths around it.
Register Now