Nortel to Cut 56 Jobs in Texas with Approval of Avaya Deal Pending

In a move evidently connected to Avaya’s pending acquisition of its enterprise business, Nortel announced today that it would slash 56 jobs at its facility in Richardson, Texas, effective on or around Jan. 3, 2010.

The news arrived in a mandatory notification letter submitted to the Texas Workforce Commission, according to American City Business Journals.

Although Avaya’s acquisition of Nortel’s enterprise business is being reviewed by the Canadian government, recent scuttlebutt suggests the deal is likely to be approved.

In other Nortel news, the insolvent telecommunication-equipment vendor plans to delay filing its third-quarter results until as late as Nov. 16 because of changes to the way it reports data for some overseas subsidiaries.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s