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Company with 111 year history and 2 billion in bank gets a new CEO, Mike Zafirovski, who implements Lean Six Sigma company wide. Three years later, CEO files for Chapter 11, company debt is 10 billion, and pension fund is bankrupt. The reason is probably best summed up by the user The_Real_Z, as a [...]  Nortel Enhanced Severance Package on eBay [link to auction]. Bidding starts at $1, so help a 17 year long loyal employee out. This package includes the following items collected largely from Nortel over 17 years of service (subject to change depending on expected Grinch-like behavior from former management; like items will be substituted if [...] |
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