Nortel cuts employees from its Texas roster

Nortel will be handing out pink slips to 56 of its Richardson, Texas-based employees. The layoffs, which are effective on around January 3, 2010 make up about 2 percent of the beleaguered company's Dallas-Forth Worth, Texas 2,500 employee base.

Calling the layoffs "permanent," the current headcount reduction is related to the sale of its enterprise voice business to New Jersey-based Avaya as part of the Nortel's ongoing asset sale. An Avaya spokesman said that it will continue to employ 70 percent of the workers that were part of the original Nortel division, but it could not retain 100 percent of the unit's employees.

For more:
- Dallas Business Journal has this article

Related articles
Nortel seeks additional bankruptcy extension to continue fire sale
The state of Avaya's Nortel bid
Avaya-Nortel deal hits Canadian snag
Avaya bids $475M for Nortel Enterprise Solutions

Suggested Articles

Mirantis announced on Wednesday that it had acquired Docker's Enterprise business and team for an undisclosed sum.

IP Infusion announced on Wednesday that its DANOS-Vyatta software, which is based on AT&T's DANOS software, was ready for customer evaluations.

While telcos are, for the most part, embracing the TM Forum's Open APIs, software product vendors' implementations are lagging, according to a study.