Due to a lost contract with Nortel Networks, Switzerland-based Kuehne + Nagel, a logistics operator with a center in North Carolina’s Research Triangle Park, will…
Singapore-based electronics manufacturer Flextronics International is cutting jobs and closing facilities to cope with the global economic meltdown. The number and location of the layoffs…
Nortel Networks, which filed for bankruptcy protection last month, will eliminate 3,200 jobs, forgo employee bonuses for 2008, and end stock-based compensation. Nortel cut thousands…