People - 10/02/07
Nortel plans to cut about an additional 2,900 positions or 9% of its workforce.
Mike Volpi, from Cisco, is immediately leaving the company.
Level 3 plans to cut 1,000 jobs as part of an acquisition integration and cost-cutting plan.
Alcatel-Lucent has increased its job cuts to 13,000 over the next three years (up from 9,000 announced in November).