Nortel Networks Corp. says it will lay off another 3,200 workers in addition to the previously announced 1,800 layoffs as it undergoes a restructuring that is part of its Chapter 11 bankruptcy filing in the U.S. and a similar creditor protection filing in Canada, Computerworld reports. The Toronto-based network equipment provider said it could not say which locations the layoffs will occur. In all, the 5,000 combined layoffs will reduce Nortel’s workforce by 16 percent, from about 30,000 to 25,000. A spokesman said Nortel could not promise that these layoffs would be all that will be done for the foreseeable future. "We’re still working on a business plan in our restructuring process," he said in an interview. "We’ll keep you informed." CEO Mike Zafirovski, in a statement, said, "There is nothing more difficult than notifying employees, and Nortel is extremely conscious of the personal financial burden this will cause affected employees and their families. … But with the unprecedented economic environment and resultant impacts on revenues, significant changes are required to regain our financial footing. Tough decisions are being made to restructure the company and work toward a successful emergence from creditor protection." Zafirovski also sought to assure customers that Nortel has the remaining staff "to meet their needs…"
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