What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Thursday, February 26, 2009
Nortel Shrinks to Fit
Once Nortel implements all of its proposed job cuts, the company's workforce will drop to about 25,000. During its heyday, the one-time technology icon had a market capitalization of about $250 billion and employed about 93,000 people. – source: Total Telecom/Dow Jones Newswires.