Nokia reminds me of Nortel as it was imploding in the early 2000s. Nortel also had tens of thousands of employees and huge market share, albeit in a shrinking m

Nokia reminds me of Nortel as it was imploding in the early 2000s. Nortel also had tens of thousands of employees and huge market share, albeit in a shrinking market. They were both technology standard-bearers in countries not normally known for tech, and a source of national pride. Nortel's size and market share were always held up to justify why they remained relevant, and to argue that a recovery was perpetually just around the corner. It was hard to believe that a company which was enormously profitable just a few years back could be driven to bankruptcy so quickly through poor products and abysmal management.