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Joined: Jun 2006
Posts: 8,735 Likes: 12
Moderator-Nortel, Computers, General
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Moderator-Nortel, Computers, General
Joined: Jun 2006
Posts: 8,735 Likes: 12 |
Huge bonuses for big shots while laid off employees get zip. Story here
Scientists say that the universe is made up of Protons, Neutron & Electrons. They forgot "Morons". Dave. (CTUB) Canadian Techs Use Bix!
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Joined: Jun 2001
Posts: 10,949
Moderator-Avaya
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Moderator-Avaya
Joined: Jun 2001
Posts: 10,949 |
That is sad. I have a cousin that had been with Nortel for 24 years in R&D on the DMS in Raleigh NC that was given a pink slip last year with nothing more than a "Have a nice life" from Nortel.
Avaya SMB Authorized Business Partner. ACIS/APSS ESI Certified Reseller/Installer www.regal-comm.com
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Joined: Dec 2002
Posts: 9,429 Likes: 3
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Joined: Dec 2002
Posts: 9,429 Likes: 3 |
My aunt's brother worked for Nortel for years in Richardson TX. He got laid off last year too. It's not a good situation...but the same exact thing happened at my school last year. They laid off 100 some people and the president got a big bonus and contract extension.
Jeff Moss Moss Communications Computer Repair-Networking-Cabling MBSWWYPBX, JGAE
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Joined: Nov 2008
Posts: 65
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Joined: Nov 2008
Posts: 65 |
At least Ciena is saving some jobs for them.
--Matt
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Joined: Nov 2010
Posts: 13
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Joined: Nov 2010
Posts: 13 |
I hate hearing about this kind of thing happening. I put in 16 years with MCI/Worldcum/Verizon Business, got too old, got the axe. Sucks, man!
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Joined: Sep 2004
Posts: 194
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Joined: Sep 2004
Posts: 194 |
I hate it and know what it is like. The first half on 2010 I was unemployed and except for the fishing I did...I had a tought time with it.
Everyone is subject to being kicked to the curb now by any company...You are just a resource and can be replaced no matter what you do.
Best of luck in your endeavors.
CCNA CCNA Voice MCSE W2K3 Security + CS1000 5.5 Toshiba Comdial Avaya Mitel Norstar
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Joined: Apr 2007
Posts: 894
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Joined: Apr 2007
Posts: 894 |
the worst thing for thier canadian employees, they self insured so now all former employees are having thier benefits cut, my uncle has lost all his insurance coverage
Jay, a recovering IT guy
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Joined: Mar 2002
Posts: 3,630
Moderator-Avaya, Nortel
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Moderator-Avaya, Nortel
Joined: Mar 2002
Posts: 3,630 |
I thought Canada had a national health care system????
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Joined: Jun 2006
Posts: 8,735 Likes: 12
Moderator-Nortel, Computers, General
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Moderator-Nortel, Computers, General
Joined: Jun 2006
Posts: 8,735 Likes: 12 |
Jay is talking about the other benefits that are not covered by the national health care system, such as vision care, dental, drug plan, etc.
Scientists say that the universe is made up of Protons, Neutron & Electrons. They forgot "Morons". Dave. (CTUB) Canadian Techs Use Bix!
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