Major blow for Maidenhead employment

[Lakelord]

Nortel filed for Chapter 11 today and they have offices all over Maidenhead. Not good

http://finance.yahoo.com/news/Nortel-files-for-ban...

[AngryS3Owner]

Oh well, any good IT / clinical / software project managers feel free to forward me your CV, I get to interview you and I get money if you get the job

ETA: That makes me sound like a right cock (which isn't totally un true), sorry if anyone's been affected on here (I know what it's like).

Edited by AngryS3Owner on Wednesday 14th January 17:54

[Andyuk911]

Agreed not good news

[G T 3]

Im on chapter 30 of my book!!!

[John D.]

swerni said:

Andyuk911 said:

Agreed Ben does sound like a cock

EFA

+1

[R4PID]

Lakelord said:

Nortel filed for Chapter 11 today and they have offices all over Maidenhead. Not good

http://finance.yahoo.com/news/Nortel-files-for-ban...

They used to have offices all over Maidenhead. They have 1 now. Chapter 11 is the US equivalent of administration. No UK redundancies have yet been announced but it is highly likely.

[Fer]

swerni said:

Andyuk911 said:

Agreed Ben does like cock

EFA

FEFA



(Sorry Ben)

[SVT Rick]

Fer said:

swerni said:

Andyuk911 said:

Agreed Ben does like cock :-

EFA

FEFA
(Sorry Ben)

Opps I stumbled onto the wrong forum.... sorry

Edited by SVT Rick on Wednesday 14th January 20:49

[chr15b]

R4PID said:

Lakelord said:

Nortel filed for Chapter 11 today and they have offices all over Maidenhead. Not good

http://finance.yahoo.com/news/Nortel-files-for-ban...

They used to have offices all over Maidenhead. They have 1 now. Chapter 11 is the US equivalent of administration. No UK redundancies have yet been announced but it is highly likely.

not exactly, chapter 11 is protection from creditors - many large american companies go in and out of this - especially airlines

[R4PID]

chr15b said:

R4PID said:

Lakelord said:

Nortel filed for Chapter 11 today and they have offices all over Maidenhead. Not good

http://finance.yahoo.com/news/Nortel-files-for-ban...

They used to have offices all over Maidenhead. They have 1 now. Chapter 11 is the US equivalent of administration. No UK redundancies have yet been announced but it is highly likely.

not exactly, chapter 11 is protection from creditors - many large american companies go in and out of this - especially airlines

Agreed but the closest thing to it is Administration in the UK. The UK/EMEA arm of Nortel is in the process of being put into administration alongside chapter 11 (for Nortel in the US) and CCAA (for Nortel in Canada).

[bmw2002]

R4PID said:

chr15b said:

R4PID said:

Lakelord said:

Nortel filed for Chapter 11 today and they have offices all over Maidenhead. Not good

http://finance.yahoo.com/news/Nortel-files-for-ban...

They used to have offices all over Maidenhead. They have 1 now. Chapter 11 is the US equivalent of administration. No UK redundancies have yet been announced but it is highly likely.

not exactly, chapter 11 is protection from creditors - many large american companies go in and out of this - especially airlines

Agreed but the closest thing to it is Administration in the UK. The UK/EMEA arm of Nortel is in the process of being put into administration alongside chapter 11 (for Nortel in the US) and CCAA (for Nortel in Canada).

What more can I say....

[AngryS3Owner]

I was actually serious about if anyone is looking for work, we're hiring 2 or 3 PMs at the moment and I HAVE actually been made redundant in the past so know what it's like.

Carry on with the Gay jokes I'm sure someone that gives a st will be along shortly

[bmw2002]

Talking of who gives a st.......











ooooops, is this where I should say I do?

[VerySideways]

AngryS3Owner said:

Carry on with the Gay jokes I'm sure someone that gives a st will be along shortly

What gay jokes? I haven't seen any on this thread (yet).

[Smiler.]

Lakelord said:

Nortel filed for Chapter 11 today and they have offices all over Maidenhead. Not good

http://finance.yahoo.com/news/Nortel-files-for-ban...

Holy st.

Indeed, not good at all.

[Zoom_Jones]

The poor souls affected by Nortel's redundancies without consultation are a feature of a news program this Monday in case anybody is interested...

Channel 4 national news, 7PM, Monday 21 Dec: a feature about employment is programmed, and handling of redundancies at Nortel used as a case study.