Wednesday, January 14, 2009

Nortel files for bankruptcy protection...

And the recession has spread to the tech world too? Maybe this was an isolated effect ... afterall, some of Nortel's biggest clients used their VPN services extensively. I for one found it to be quite satisfactory during my internship with P&G ages ago; but then, I had nothing to compare this with !

I'll be waiting and watching to see if this is just the beginning - pray that it isn't ! With placements starting for my dear Tuccha batch, more bankruptcies could only make things worse...

Wondering how the London Olympics in 2012 will cope with one of their key sponsors filing for bankruptcy protection ...

:|

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