Tag Archives: france

V-Day for Nortel’s French Employees

By Mark Evans | Published: July 17, 2009
Well, it looks like some Nortel employees are going to get some severance for losing their jobs. After going on strike, protesting and planting a fake bomb, Nortel’s French employees have struck a deal with the company’s administrators, Ernst & Young, over severance pay following a meeting with Industry Minister Christian Estrosi. Estrosi agreed to [...]
Posted in Financials | Also tagged , , | 60 Comments

French Strikers Blow a Gasket

By Mark Evans | Published: July 15, 2009
With frustrating mounting over the non-payment of severance, some Nortel French employees staged a fake bomb threat today by placing empty cooking canisters outside the company’s plant in Chateaufort, France with a sign reading “boom”. The employees were upset after a meeting with Ernst & Young was cancelled. Nortel’s French employees are asking for 100,000 [...]
Posted in Financials | Also tagged , , | 119 Comments

Open Letter from French Workers to E&Y

By Mark Evans | Published: July 10, 2009
You have to give Nortel’s French employees a lot of credit for not taking the downsizing of the business sitting down. In addition to a strike by more than 300 workers demanding better severance and other compensation, the group has produced videos and written an lettre-ouverte-du-ce-9-july-2009-nocom-eng alleging, among other things, that cash has been transferred [...]
Posted in Financials | Also tagged , , | 57 Comments

Strike in France Grows; German Layoffs

By Mark Evans | Published: July 9, 2009
More than 300 Nortel employees in France are now on strike In a letter written to the media, a group representing the workers said: “We have contributed to the wealth of the group whilst being subjected to relocation and collective redundancies; now the anger and exasperation forces us to go on strike to defend our [...]
Posted in Financials | Also tagged , , , | 69 Comments
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