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Sprint Slashes Jobs As Part of Cost-Cutting Actions

Article Comments  100+

Jan 18, 2008, 10:28 AM   by Eric M. Zeman

After releasing disappointing fourth quarter results, Sprint said it is taking drastic steps to cut costs and save money as it continues to struggle with retaining customers. Sprint lost 683,000 post-paid and 202,000 pre-paid customers in the fourth quarter. In response, Sprint will cut 4,000 jobs, including management and non-management positions, as well as close 125--or 8 percent--of company owned retail stores. It will also get rid of some 4,000 third-party distribution points. It expects these actions to save the company about $800 million per year. The lay offs will take place during the first half of 2008.

more info at Wall Street Journal »

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Subject Author Date
Look In The Mirror working man Jan 21, 2008, 10:46 PM
i wonder televator Jan 19, 2008, 3:41 PM
WiMax Dead??? bigdaddyjay Jan 18, 2008, 11:51 AM
Sprint only one to outsource? marufio Jan 19, 2008, 8:35 AM
The p[roblem is... knx2 Jan 19, 2008, 2:48 PM
What does this mean for customers???? rtcarradine Jan 20, 2008, 9:39 AM
Maybe now we'll get good service? andy2373 Jan 19, 2008, 4:15 PM
YOU GUYS DON'T KNOW ANYTHING!!!!! PreferredUser Jan 19, 2008, 6:52 PM
My Condolences sonstar Jan 18, 2008, 11:47 AM
sprint is a great company kristysouth Jan 18, 2008, 3:44 PM
Churn Baby Churn mikus187 Jan 18, 2008, 12:40 PM
stupid move eljeffe666 Jan 18, 2008, 10:45 AM
Too Bad for Sprint beechaviator Jan 19, 2008, 6:23 AM
To all the Sprint H8ers turn1animal Jan 18, 2008, 8:29 PM
story about a customer followed by interpretive dance (long) arsimckhoi Jan 18, 2008, 9:51 PM
Word of mouth has done sprint in Cellenator Jan 18, 2008, 10:42 AM
Sprint is so freaking stupid. Here is exactly what they need... EddieT Jan 18, 2008, 3:05 PM
outsourcing bonecrusher Jan 18, 2008, 1:43 PM
SPRINT SUX bonecrusher Jan 18, 2008, 10:51 AM
 
 
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