Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Information / Communication
Information Communication Services
Telecommunications
61 - Telecommunications

150 jobs
Number of planned job losses
Job loss
Announcement Date
30 June 2009
Employment effect (start)
Foreseen end date

Description

Nortel Networks UK, a telecoms company, is to cut 150 jobs across the UK after going into administration in January 2009. The posts are being cut from the Maidenhead headquarters, Newtownabbey in County Antrim and Harlow, Essex, according to former workers. The cuts were blamed on falling revenues. No redundancy pay was given to employees, in order to secure the company's future according to the administrators.


Sources

  • 30 June 2009: BBC News ()

Citation

Eurofound (2009), Nortel Networks Corporation, Internal restructuring in United Kingdom, factsheet number 69204, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69204.