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- I speak for the entire virtual 2012 Nortel team ========== Virtual indeed..
- John Roth knew when to sell.
- They might wait for so long to see the light at the end of the tunnel of the economy, And waited so long to see Mike Z and his team finished cost reductioning of quarters 4Q08 and 1Q09 and also...
- That is completely naive. Firing the top two layers of executives might be attractive punishment for those who put up with them, but it would throw the remains deeper into chaos and would not...
- BT will get the stuff from Cisco instead. Nortel helped Cisco get going in voice, firing some of the best in the business, who promptly went down the road. Cisco snapped them up. Right from the top...
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In the wake of Nortel’s plan to reduce its annual costs by a cool $100-million a year by switching to a defined-contribution pension plan from a defined-benefits plan, CEO Mike Zafirovski has stepped up to the plate as well by volunteering to pare back his “special annual pension” by 29% to $355,000 a year instead [...]
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