Nortel suffers Q3 loss of US$3.41B; sales down 14 per cent; 1,300 jobs to be cut

Nortel Networks Corp. (TSX:NT) is cutting 1,300 more jobs and freezing salaries after a multibillion-dollar quarterly loss amid "worsening economic conditions."

Read Full Article from The Canadian Press

- Posted: 2008-11-10 08:07:52

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