Nortel: Is it Time for a Change At the Top? [View article]
I believe the demise of Northern Telecom was when it was taken over by Bay Networks. Until that merger disaster it was a terrific place to work, but, today it is the worst place to work. Why would anyone invest in a company where its employees are so un-happy, they hope for a lay-off package? All you have to do is compare the insider transactions to see management getting their fat bonuses. While the employees get little more than stress-related mental break-downs for being over worked while their saleries loose ground to cost of living as they work from round to round of lay-offs.
If anything, Nortel should be the key business school example of how to ruin a company and demoralize employees...
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I believe the demise of Northern Telecom was when it was taken over by Bay Networks. Until that merger disaster it was a terrific place to work, but, today it is the worst place to work. Why would anyone invest in a company where its employees are so un-happy, they hope for a lay-off package? All you have to do is compare the insider transactions to see management getting their fat bonuses. While the employees get little more than stress-related mental break-downs for being over worked while their saleries loose ground to cost of living as they work from round to round of lay-offs.
Oct 07 18:55 pm
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All Comments by FireMr.Z »Nortel: Is it Time for a Change At the Top? [View article]
If anything, Nortel should be the key business school example of how to ruin a company and demoralize employees...