Comments on: Nortel Makes Motley Fool’s Deathbed List

By: exnt

exnt — Wed, 13 Aug 2008 05:18:22 +0000

NW, Pangia's job is to be Bill Nelson's b3m boy, that is what “operations” means in Nortel nowadays – executive assistant. Pangia was a complete wipeout in Asia and I guess they feel they owe him something.

By: George

George — Wed, 13 Aug 2008 03:28:30 +0000

Cisco has hired a number of the Nortel Managers that ran Nortel into the ground….wonder how long it will be before Cisco suffers the same fate.

By: Fred

Fred — Wed, 13 Aug 2008 02:42:27 +0000

I used to work for Nortel. It is sad to see such a great company fail so miserably.

By: exnt

exnt — Wed, 13 Aug 2008 01:18:22 +0000

By: George

George — Tue, 12 Aug 2008 23:28:30 +0000

Cisco has hired a number of the Nortel Managers that ran Nortel into the ground….wonder how long it will be before Cisco suffers the same fate.

By: Fred

Fred — Tue, 12 Aug 2008 22:42:27 +0000

I used to work for Nortel. It is sad to see such a great company fail so miserably.

By: Nortel watcher

Nortel watcher — Sun, 10 Aug 2008 03:57:08 +0000

Looks like it´s not only Joannou´s and Behar´s old pals in sunny South Florida that need to be concerned about the "Politics" side to layoffs but also those of Pangia´s in Asia-Pacific. Have many of you noticed that Pangia is out and François Lançon is in?

http://www.nortel.com/corporate/exec/index.html

Pangia is now based in Atlanta heading a newly created position called Sr. VP. of Global Sales Operations and Strategy. This sounds like a hybrid position of what Riedel and Nelson currently do for Nortel.

Let's see: Pangia will "lead a global team to further drive customer focus across the company and develop new strategic approaches for profitable revenue generation."

And, Nelson will "focus on driving new growth for Nortel through revenue development capabilities, managing global customer relationships in a more integrated fashion and accelerating the Company's go-to-market strategies."

While Riedel will " be responsible for business development and mergers and acquisitions + focus on emerging technologies, market opportunities and strategic partnerships as well as driving all related key decision-making processes for Nortel."

Looks like two guys weren't enough to produce results like the MicroSoft and LG jv's and the chump change acquisitions of Tasman and Novera.

By: ex-nortel^2

ex-nortel^2 — Sat, 09 Aug 2008 22:04:43 +0000

This is counterpoint to my post on laid off employees protecting there own personal properties.

Nortel giving 60 days access to ex-employees being laid off? They're insane on PC.

My God. I worked at a 300 employee corporate where the layoff messages came a few days before the paper following. The CD drives where humming the whole time through. I won't get racist here, but, well, Weihua made out like crazy.

You fire someone. They come in. You ask them into your office, ask for their corporate property, keys, credit card, etc,, give them their box of personal belongings. And out they go. Escorted just for the punctuation. And they have absolutely no access ever again; physical, virtual, whatever.

By: Nortel watcher

Nortel watcher — Fri, 08 Aug 2008 22:49:39 +0000

"Politics.
If your manager is in a different location than you or you are homebased, you can be damn sure he's not going to layoff one of his buddies in the same location that he's in."

Now that Dion Joannou and Martha Bejar are gone, I wonder who in sunny South Florida is no longer "protected?"

Hillbilly Nelson looks all busines but that Barrios kid looks soft.

By: Current employee

Current employee — Fri, 08 Aug 2008 21:47:21 +0000

I've seen plenty of people let go…but I've also seen a huge effort in my current organization (from director level) in helping people find other positions within the company. They “pre-notify” employees as soon as they have a confirmed number and then try to help those employees find other positions. Most of the employees affected actually have found other positions before the actual notification date.