Sprint to lay off several thousand workers: report

[UpInArms]

Source: Reuters

NEW YORK (Reuters) - Sprint Nextel Corp (S.N), the No. 3 U.S. mobile service, plans to lay off several thousand of its 60,000 employees, the Wall Street Journal reported on Monday.

Citing people familiar with the matter, the report said the scale of the job cuts was not clear, but were expected to be in the range of a few thousand.

Sprint spokesman James Fisher declined comment.

Sprint has lost ground to rivals such as AT&T Inc (T.N) and Verizon Wireless, owned by Verizon Communications Inc (VZ.N) and Vodafone (VOD.L), as it has struggled with network and customer service problems.

Sprint Chief Executive Daniel Hesse, who took over the job in December, is also considering consolidating Sprint's headquarters in Kansas, the Journal said. Sprint currently runs the business out of Kansas and Reston, Virginia.

In January 2007, Sprint announced plans to reduce its full-time head count by about 5,000 people, leaving it with just under 60,000 workers after the layoffs were completed, according to Fisher.

Read more: http://news.yahoo.com/s/nm/20080114/bs_nm/sprint_layoffs_dc

[kineneb]

1. and so it begins...

along with Citigroup (your other post)...

[Binka]

2. I Am So Glad I Work For A Small Company That Has A Tight Strong Niche Market

There is job security here, especially as CA cleans up more and more toxic sites. The company hauls haz waste and is woman owned so we get a LOT of contracts. It isn't the most glam or exciting but I know they are not going away and neither is my job. I do estimates and it is a complicated process that was difficult to learn but learn it I did and they are AMAZED at what I do. Thank God I am so fucking fortunate. Thanks Mom and Dad for teaching me that reading and memory work is so FUCKING IMPORTANT. It is where I honed my smarts!

Fuck big corporations. To. Hell.

[Edweird]

3. Nextel had it comin' bad economy or not. They suck.

"it has struggled with network and customer service problems."
No shit. I couldn't get reception in my house, but yet for 2 business (general contractor) lines our bills were outrageous.
I went with a flat monthly rate service that has it all for a fraction of the cost.
Nextel can kiss my ass.