Nortel to cut 10,000 more jobs

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<HTML>Nortel announced plans to slash 10,000 jobs today. In line with previous 20,000, that's one third of its work force.
A NYSE broker commented "These guys seem to be correcting a problem by cutting off a finger at a time."</HTML>
 
<HTML>Nortel 会不会因此一撅不振?
Ottawa 的Hi-Tech会不会由此走下坡路?
</HTML>
 
<HTML>We'll see. </HTML>
 
<HTML>难! 难! 难!
现在真是要彻底失望了. </HTML>
 
<HTML>Actually it is in the way of Lucent Technologies. The only difference is Nortel faces the fact, it cut the job immediately. From my opinion, in this crisis, such big company like Nortel is not able to get over quickly. Maybe it will follow the Lucent, 70% possibility. And So do Alcatel, Alcatel will be better, but no longer than the end of this year.
Who stay alive in this storm, who become giant.</HTML>
 
<HTML>In the future, like Alcatel, Lucent, Nortel, Motorola, Ericsson maybe require bankrupt protect.
Especially observe CISCO, I think it is a big bomb in the future.
</HTML>
 
How can we get a job since so many staffs are laid off?

<HTML>It will become more and more difficult for me to find a job!</HTML>
 
RE: How can we get a job since so many staffs are laid off?

<HTML>I have given up seeking job two months ago same as my old collegue.
It is too tough, up to now, this month is my 7th month.
</HTML>
 
RE: How can we get a job since so many staffs are laid off?

<HTML>Job,
What do you plan to do next?
</HTML>
 
RE: How can we get a job since so many staffs are laid off?

<HTML>I knew some friends found job positions in Toronto and Vancouver, and moved there from Ottawa recently-)</HTML>
 
RE: How can we get a job since so many staffs are laid off?

<HTML>Did you guys ever try some small software companies in Toronto and Vancouver? Some new grad I know got several interviews there in the past two weeks. If you were aiming at network equipment companies, maybe you can change focus to application software. Nortel, Lucent and CSCO are all big losers these days, but look at Microsoft, it's almost break even in the past year.
Anyway, spread your targets, and be patient.</HTML>
 
RE: How can we get a job since so many staffs are laid off?

<HTML>I don't know how to do next, stay here just waiting die? Spend all money? I really can say nothing.
Of course, I received several interview calls from other cities,
but no result. Actually one company want to give me offer, but I have waited 2 months, they only say "stay tuned". poor ecomony.
Sometimes, I want to move to other city, such as Toronto or Vancouver,
but now I think the sky is the same.
How to do tomorrow? Who can tell me?
</HTML>
 
RE: How can we get a job since so many staffs are laid off?

<HTML>It's life,buddy.:-))</HTML>
 
I'm scared!

<HTML>So sad to hear so many bad news! Now I even haven't any confidence to start my journey, What average month it is to find a job?</HTML>
 
RE: I'm scared!

<HTML>Finding a job now? stay in home.</HTML>
 
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