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- 2003-04-13
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可能说的是ＲＩＭ。
有坛子的朋友最近受到Nortel裁员的影响的吗？
- 主题发起人 小小邪
- 开始时间
可能说的是ＲＩＭ。
new2subaru
知名会员
- 注册
- 2008-10-21
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Only RIM is still hiring.
Only RIM is still hiring.
Only RIM is still hiring.
Today's news
Nortel plan far from complete: filing
Restructuring plan 'will take some time,' but more layoffs likely; annual meeting expected to be postponed
By Bert Hill, The Ottawa CitizenFebruary 10, 2009
Employees of Nortel Networks likely will have to wait several more weeks to find out if their jobs will survive efforts to save the insolvent company.
And shareholders will have to wait much longer to put questions to management because an annual general meeting will likely be postponed.
The first report to Canadian courts supervising the bankruptcy protection of Nortel Networks dashes hopes for quick answers.
Nortel and the court-appointed monitor, Ernst & Young, are asking the court to extend an order that stops creditors from suing for unpaid debts until May 1.
The report also shows that Nortel did better than expected financially in the first three weeks of court protection, but losses will rise in the next three months.
In a report to the Ontario Superior Court of Justice, the monitor said Nortel is working on plans with Lazard, a New York investment house, to reduce cash burn "although a comprehensive restructuring is still at a preliminary stage.
"Management expects the preparation of the business plan will take several weeks before it is ready for discussion with stakeholder groups."
Rumors have been buzzing around Nortel operations of big layoffs coming quickly, particularly now that Nortel has indefinitely suspended severance pay.
But the report suggests a long time frame, saying the plan will reflect "expectations of future operating performance for 2009 taking into account the current economic environment (as well as bankruptcy protection proceedings.)"
Nortel has 90 days to produce a plan for reorganization under bankruptcy proceedings. The new report hints that it could take all of that time and possibly more.
The report said that work on the restructuring plan "will take some time to develop ... given the complex multi-jurisdictional nature of the restructuring."
It notes that Nortel is required to hold an annual shareholder meeting by June 30 because in November it suspended payment of dividends on preferred shares.
The company, backed by the monitor, is asking for relief from holding the meeting.
"The annual general meeting would be a distraction to both management and other company resources at a time when they are required to be focused on stabilizing and restructuring the business for the benefit of all shareholders."
The report said that Nortel will keep shareholders informed through the bankruptcy proceeding, regulatory filings and other information. Nortel has yet to disclose financial results for the fourth quarter ended in December.
Cost-cutting will include layoffs as well as reviews of leases, real estate, equipment, supplier and customer contracts.
Nortel has already disclosed action to repudiate several supplier contracts, including a deal with Avarion to develop WiMAX gear, leases on five empty U.S. buildings costing $10 million annually and cancelling two corporate jets contracts at a savings of $1 million.
When it filed for protection from creditors Jan.14, Nortel told the court that the Canadian operations would have run out of operating cash this spring unless it stopped payments to creditors, including bond holders, severance payments and some supplementary pension payments.
The latest report shows that cash reserves were stronger than expected in the first three weeks. But, instead of a projected $80-million deficit in the hole in the last three weeks in January, Nortel was $184 million in the black.
The big factor was a $75-million payment from a $200-million loan from U.S. operations, a change in timing on a supplier deal and lower costs on foreign exchange and financing costs.
The loan is backed by a $200-million mortgage on Nortel's Carling Avenue main campus, a property that Nortel is offering the federal government for future office needs.
The company plans to ask for the balance of the U.S. loan on Feb. 19.
The monitor said Nortel "appears to have to sufficient cash resources" to get through to early May.
The report shows that Nortel is still trying to get longer-term financing from Export Development Canada, its only source of financing. EDC, which finances Nortel export deals, gave Nortel a $30-million advance when it went into bankruptcy protection.
The report said Nortel has used $900,000 of the financing and the two parties and other unidentified parties "will continue to work to see if a longer term arrangement, acceptable to the parties, can be reached."
The report does not provided detailed financial results and the impact of the bankruptcy filing.
Nortel plan far from complete: filing
Restructuring plan 'will take some time,' but more layoffs likely; annual meeting expected to be postponed
By Bert Hill, The Ottawa CitizenFebruary 10, 2009
Employees of Nortel Networks likely will have to wait several more weeks to find out if their jobs will survive efforts to save the insolvent company.
And shareholders will have to wait much longer to put questions to management because an annual general meeting will likely be postponed.
The first report to Canadian courts supervising the bankruptcy protection of Nortel Networks dashes hopes for quick answers.
Nortel and the court-appointed monitor, Ernst & Young, are asking the court to extend an order that stops creditors from suing for unpaid debts until May 1.
The report also shows that Nortel did better than expected financially in the first three weeks of court protection, but losses will rise in the next three months.
In a report to the Ontario Superior Court of Justice, the monitor said Nortel is working on plans with Lazard, a New York investment house, to reduce cash burn "although a comprehensive restructuring is still at a preliminary stage.
"Management expects the preparation of the business plan will take several weeks before it is ready for discussion with stakeholder groups."
Rumors have been buzzing around Nortel operations of big layoffs coming quickly, particularly now that Nortel has indefinitely suspended severance pay.
But the report suggests a long time frame, saying the plan will reflect "expectations of future operating performance for 2009 taking into account the current economic environment (as well as bankruptcy protection proceedings.)"
Nortel has 90 days to produce a plan for reorganization under bankruptcy proceedings. The new report hints that it could take all of that time and possibly more.
The report said that work on the restructuring plan "will take some time to develop ... given the complex multi-jurisdictional nature of the restructuring."
It notes that Nortel is required to hold an annual shareholder meeting by June 30 because in November it suspended payment of dividends on preferred shares.
The company, backed by the monitor, is asking for relief from holding the meeting.
"The annual general meeting would be a distraction to both management and other company resources at a time when they are required to be focused on stabilizing and restructuring the business for the benefit of all shareholders."
The report said that Nortel will keep shareholders informed through the bankruptcy proceeding, regulatory filings and other information. Nortel has yet to disclose financial results for the fourth quarter ended in December.
Cost-cutting will include layoffs as well as reviews of leases, real estate, equipment, supplier and customer contracts.
Nortel has already disclosed action to repudiate several supplier contracts, including a deal with Avarion to develop WiMAX gear, leases on five empty U.S. buildings costing $10 million annually and cancelling two corporate jets contracts at a savings of $1 million.
When it filed for protection from creditors Jan.14, Nortel told the court that the Canadian operations would have run out of operating cash this spring unless it stopped payments to creditors, including bond holders, severance payments and some supplementary pension payments.
The latest report shows that cash reserves were stronger than expected in the first three weeks. But, instead of a projected $80-million deficit in the hole in the last three weeks in January, Nortel was $184 million in the black.
The big factor was a $75-million payment from a $200-million loan from U.S. operations, a change in timing on a supplier deal and lower costs on foreign exchange and financing costs.
The loan is backed by a $200-million mortgage on Nortel's Carling Avenue main campus, a property that Nortel is offering the federal government for future office needs.
The company plans to ask for the balance of the U.S. loan on Feb. 19.
The monitor said Nortel "appears to have to sufficient cash resources" to get through to early May.
The report shows that Nortel is still trying to get longer-term financing from Export Development Canada, its only source of financing. EDC, which finances Nortel export deals, gave Nortel a $30-million advance when it went into bankruptcy protection.
The report said Nortel has used $900,000 of the financing and the two parties and other unidentified parties "will continue to work to see if a longer term arrangement, acceptable to the parties, can be reached."
The report does not provided detailed financial results and the impact of the bankruptcy filing.
- 注册
- 2003-05-17
- 消息
- 1,070
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- 223
被裁就被裁啦, 有什么大不了的, 可以不干活儿拿钱, 怎么看都是好事啊...再说在这儿, 也没什么人打算一辈子都贡献给一个公司啊...旧的不去, 新的不来, 休息休息重出江湖, career就开辟出条新路呢.... 我最受不了每次大家一谈裁员, 又是忧心忡忡又是惋惜的那种表情... 换一个态度生活嘛...不要那么柴米油盐啦....
见过一些一辈子都稳稳当当在一个公司工作的人, 说白了没什么出息.... 有才能的人就经得起风雨... 如果被裁员了, 就当是上天给你一个另谋高职的机会吧...
见过一些一辈子都稳稳当当在一个公司工作的人, 说白了没什么出息.... 有才能的人就经得起风雨... 如果被裁员了, 就当是上天给你一个另谋高职的机会吧...
http://norteljobsearchsummit.eventbrite.com/
This is a free Job Search Summit for former and current Nortel employees
sponsored by Carleton University, OCRI and CareerJoy-Canada's Career
Coaching Company.
This is a free Job Search Summit for former and current Nortel employees
sponsored by Carleton University, OCRI and CareerJoy-Canada's Career
Coaching Company.
