That’s especially true when you consider that Nortel – in the midst of bankruptcy reorganization – recently announced 5,000 layoffs, many of which have yet to take effect.
According to Canadian Business after a fact-check with Nortel, the numbers are as follows:
That includes what a Nortel spokesman called “presence” in 10 cities in Canada. “Presence” presumably means just enough staff at each office to keep operations running.
In 2000, right before the tech bubble burst, Nortel employed approximately 90,000 people worldwide.