Nortel reports loss, plans layoffs Archives Published: November 11, 2008 Reading time: Less than 1 min. FacebookTwitterWhatsAppLinkedinEmail Nortel Monday reported a net loss of US$3.4 billion for the third quarter, and also announced plans to cut 1,300 jobs in a bid to lower costs. FacebookTwitterWhatsAppLinkedinEmail Related articles PARCO Gunvor Partners With Excellence Delivered For RISE With SAP S/4HANA Digital Transformation Wired August 30, 2025 Zong And ZTE Partner To Launch AI-Powered AIR RAN For Pakistan’s First Autonomous Network Wired August 29, 2025 D-Link Pakistan And Silicon Technologies Host Tech Meetup In Islamabad Wired August 29, 2025 CHT Pakistan Implements SAP S/4HANA With Excellence Delivered To Enhance Efficiency Wired August 28, 2025