Comments on: The Sky and NT are Falling

By: Desk Jockey

Desk Jockey — Thu, 13 Nov 2008 15:34:50 +0000

Not a good strategy. Company is stingy with severance which is why there were so few layoffs. They want to maximize attrition and the more people that leave this way the less need the see for packages. NT will hit BK before they give out mass severances!

By: Desk Jockey

Desk Jockey — Thu, 13 Nov 2008 15:32:11 +0000

Given the historical share price slide, if the exec team receives the same compensation this year they will be able to buy a majority stake of NT! Not that they would…

By: Desk Jockey

Desk Jockey — Thu, 13 Nov 2008 15:30:52 +0000

Despite my disdain for MZ and the GEnius exec team, that last comment was uncalled for.

By: Nortelguy

Nortelguy — Thu, 13 Nov 2008 14:39:21 +0000

No worries. I wouldn't work for them for as long as I have got a hole in my arse.

By: Outspoken

Outspoken — Thu, 13 Nov 2008 14:16:38 +0000

Wow – now you are a man…oops did I say man…try boy who has no b**** but your response is testimony to your character and small winker….guess you have to make up for your inadequencies somewhere.

By: Clint

Clint — Thu, 13 Nov 2008 12:48:32 +0000

Not too mention the gross disparity between managers and employees.
I heard it was like one manager for every 8 people at NT.
That tells you all you need to know.

By: South of the Border

South of the Border — Thu, 13 Nov 2008 10:55:33 +0000

NT the New Titantic is going down. All one can do is enjoy the song.
Fare thee well titantic!!!

http://www.youtube.com/watch?v=yf-6wlvaLHM&feat...

By: Sally

Sally — Thu, 13 Nov 2008 10:25:11 +0000

The whole irony with the staff cuts is that the least effectives are getting nice payouts and moving into jobs with Nortels competitors, while the employees who are highly regarded remain in hell and receive no payrises for 2009

Its a strategy of rewarding poor performers and punishing high achievers….but i guess that is why we have well paid low performers at the top

By: Jery

Jery — Thu, 13 Nov 2008 10:22:00 +0000

If you work for Nortel and need a steady income, get out now Go find another employer before you need to compete with another 30,000 employees.

If you think Mike Z is losing sleep , think again. He has enough dough to last him 5 lifetimes.

By: Alexander

Alexander — Thu, 13 Nov 2008 10:20:08 +0000

So much for the man who quoted Alexander the Great all the time. I guess you can tell a cheap watch from the genuine article. Go ack to driving taxis Mike