Comments on: Nortel Shuffles Executives, Cuts Just 1,300 Jobs

By: exnt2

exnt2 — Tue, 11 Nov 2008 18:54:34 +0000

maybe but if things are sooooo productive then you should be churning out products like crazy. I have heard working from home is quite rampant, with no accountability. 'some' people definitely are abusing the system not completing their hours, taking days off sick or work from home and regularly mind you with no notice period.

ask your manager if anybody is found guilty whether they should be terminated with 2 weeks like in other companies. you will get your complacent answer. others have because they complained.

By: exnt2

exnt2 — Tue, 11 Nov 2008 18:43:36 +0000

MEN

By: exnt2

exnt2 — Tue, 11 Nov 2008 13:54:34 +0000

ask your manager if anybody is found guilty whether they should be terminated with 2 weeks like in other companies. you will get your complacent answer. others have because they complained.

By: exnt2

exnt2 — Tue, 11 Nov 2008 13:43:36 +0000

MEN

By: An Old Hand

An Old Hand — Tue, 11 Nov 2008 01:15:23 +0000

That word NET scares me a bit.

Yes. That jumped right out for me as well. They make it pretty pointed, don't they.

By: seeker

seeker — Mon, 10 Nov 2008 23:20:16 +0000

They are calling for 1300 net reduction in addition of another 1200 net reduction still not done. This amounts to 2500 net reduction if I read it corretly. Now I know that in the past net reduction would mean for exemple: we will hire 1000 new employees in Mexico and cut 3000 in North America(net reduction =2000).

By: Lonely Ops Guy

Lonely Ops Guy — Mon, 10 Nov 2008 23:15:20 +0000

I second that.

By: Lonely Ops Guy

Lonely Ops Guy — Mon, 10 Nov 2008 23:13:54 +0000

I did not hear the call but this net thing is weird, given that all hires are frozen. So doing the math 1300 cuts minus 0 hiring = 1300 net cuts. Is that all? With all the consolidation and duplication (or quadruplication in some cases) is this all NT will cut? Something is not jiving……

By: Nortel watcher

Nortel watcher — Mon, 10 Nov 2008 22:01:44 +0000

where's Bo?

By: Smoke&Mirrors

Smoke&Mirrors — Mon, 10 Nov 2008 21:37:54 +0000

…reduce the workforce by approximately 1,300 positions net…

That word NET scares me a bit.

Like Skeptic I tend to think that means more like 3,000 job cuts in the US and EMEA and 1,700 new jobs in China, Mexico etc?