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Nortel Cutting 1,100 Jobs

Started by Mark Evans · 10 months ago

Well, this is no surprise: Nortel is slashing 1,100 jobs, including 350 middle managers - a move that will reduce annual operating costs by $100-million by 2007 and $175-million by 2008. You had to know CEO Mike Zafirovski had something up his sleeve when he’s talking about better times ahead by 2008. Do not be [...] ... Continue reading »

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