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Nortel Will Cut Work Force by 20,000

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Nortel Networks of Canada said yesterday that it was cutting 10,000 jobs and reducing its work force by an additional 10,000 jobs through the sale of businesses, leaving the company with fewer than half the employees it had at the beginning of the year. Nortel, the maker of communications equipment, had already announced 30,000 job cuts since problems in the industry began to worsen earlier this year. Nortel, which is based in Brampton, Ontario, began the year with 94,500 employees and expects to have 45,000 after the cuts.

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