Nortel Cuts: Layoffs Come to Telco Land

8 thoughts on “Nortel Cuts: Layoffs Come to Telco Land”

  1. I think Nortel’s problems have less to do with the economic situation, and more to do with the fact that their customer base is eroding very quickly. They have been largely unsuccessful in penetrating the Enterprise business with their networking and ip communications products, both of which Cisco has or now dominants.
    The fundamental problem with Nortel is that they have lost their relevance in the markets they serve and their customers are moving to competitors. The fact that the economy has pulled back is of secondary importance.

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