Nortel to lay off another 3,200 workers

Nortel Networks Corp. today said it will lay off 3,200 workers in addition to the previously announced 1,800 layoffs as it undergoes a restructuring that is part of its Chapter 11 bankruptcy filing in the U.S. and a similar creditor protection filing in Canada.

The Toronto-based network equipment provider said it could not say which locations the layoffs will occur. In all, the 5,000 combined layoffs will reduce Nortel's workforce by 16%, from about 30,000 to 25,000.