INTENSIVE EFFORTS TO SAVE NORTEL GALWAY JOBS

Date Published: 30-Jun-2009

Intense efforts are underway to save over 300 jobs at the Galway branch of an international telecommunications company.Nortel was placed under bankruptcy protection earlier this year in a bid to restructure its debt and save jobs. However, in a statement the company has announced the restructuring has not been successful and discussions are now at an advanced stage to secure buyers for Nortel's various operations.