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Nortel Shrinkage Continues… and Senior Executive Bonuses Expand

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Current Staff Tally 30,000 – 1,800 (announced in 2008) – 3,200 (announced Feb 25th) = 25,000 Of the 3,200 – 1,000 in Ottawa are at risk according to the Ottawa Citizen. The Citizen reported on a rather odd sounding bonus plan that Nortel has recently put in place – $43M goes to 1,000 employees ($23M […]

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