http://money.aol.com/news/articles/...y/306036?icid=200100397x1216553289x1201123347 TORONTO (Jan. 14) - Technology giant Nortel Networks Corp. filed for bankruptcy protection in Canada and the U.S. on Wednesday, the first major technology company to file for protection during the global downturn.
Heard this tonight on the news. What a shame. Used to work for them back when they had a gym, cafeteria, grand piano player, dance lessons, etc. Thought it was a bit much since we were having to accrue items at the end of every month. I would go to look for someone and they were in the gym working out. I'd rather get the job done and workout, which I don't do, on my own time. They wasted a lot of money on software. CEO decided to go with BAAN which meant that we had to reverse every number to go into Oracle in accounting. Wasteful spending does strange things. Feel bad for all the employees. Sherry
