Posted Aug. 2, 2012 at 9:51 a.m.

Premium Lock Nortel moves to end U.S. retiree health benefits

Published: 2012-08-02 09:51:09
Updated: 2012-08-02 09:51:09

Nortel Nortel

The bankrupt company asks court for approval to end retiree support. It also wants to stop paying 215 disabled workers, Dow Jones reports....

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Have 2 friends that worked there forever and then worked for the contract companies that Nortel hired to do their work for 1/3 less money and no benefits. Now what's left of Noretl is trying to quit paying the health benefits those employees earned over all those years. There is a special place in hell...
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