Tag: nortel
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Northern Heads South
Not a great day for local tech companies in RTP. Nortel (Northern Telecom) is shedding another 1,300 jobs in an effort to stay afloat. I worked at Northern for nearly seven years (I started at Team10 for any old-timers out there). Back then it was an incredibly vibrant can-do company with a really nice and […]
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Northern Going South
Another bad bit of news for RTP’s Northern Telecom. Photo: Telecordia The U.S. Securities and Exchange Commission has charged four more former Nortel Networks Corp. executives with accounting fraud, alleging they manipulated reserves to change Nortel’s earnings statements on the orders of more senior officers of the Canadian networking equipment maker. The U.S. stocks regulator […]