Sprint Nextel eliminating 8,000 jobs by April
Obsessable News Feed —
... [The Register] Sprint Nextel Eliminating 8,000 Workers [mocoNews.net] ...
Sprint trimming 14 percent of workforce pre-Pre
Engadget Mobile —
... March 31. The move is expected to save the States' number three carrier about $1.2 billion a year in labor costs, and furthermore, the company will be suspending its retirement plan match, tuition reimbursement, and extending its salary increase suspension for another year. With any luck, the Pre will help turn Sprint's fortunes around -- but on the flipside, don't you need a healthy company to launch such a revolutionary (and likely overwhelmingly popular) device? [Via mocoNews] Sprint trimming 14 percent of workforce pre-Pre originally appeared on ...
Sprint to give 6,000 employees the boot within months!
IntoMobile - Cell Phone News, Information, and Analysis —
... goals for the sake of cost-savings.
Turns out, Sprint’s job-cutting plans were just as big as they had warned.
Sprint is expected to do well with the exclusive launch of the Palm Pre. Coupled with cost-savings from Sprint’s various penny-pinching initiatives, Sprint may become the lean-and-mean machine they need to become to recover from financial hardship. Otherwise, we can’t see Sprint explorer red-ink territory for much longer.
[Via: MocoNews]
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In week two of Q4 earnings week, Gannett and Media General reported losses, while on the other end of the spectrum, Netflix and Amazon's profits rose.
mocoNews: —U.S. Carriers Are Desperate—This Week Proved It —Sprint Nextel Eliminating 8,000 Workers —Earnings: AT&T; Net Income Falls 23.6 Percent; iPhone Subsidies Continue To Bite —Earnings Call: "No Evidence Of Slowing" In Verizon ...



