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Sprint Trimming Work Force By 8,000

Article Comments  93  

Jan 26, 2009, 8:31 AM   by Eric M. Zeman

Today Sprint announced that it is taking drastic cost-cutting measures in an effort to save money. Part of the cost cutting comes in the form of staff reductions. Sprint will layoff 8,000 employees by March 31, with about 10% of that figure coming through the voluntary separation plan announced in late 2008. Sprint said the layoffs will hit every level of its business. Other cost-cutting measures include a freeze in salary increases, a freeze in 401(k) matching, and a freeze in its tuition reimbursement program. Sprint has lost millions of customers over the last year. It will announce its fourth quarter results February 19.

more info at Sprint »

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Subject Author Date
Idiots! ickmule Jan 27, 2009, 10:01 AM
ouch MidnightDT Jan 26, 2009, 8:48 AM
  • Re: ouch by JeffdaBeat   Jan 26, 2009, 9:20 AM
    • Re: ouch by Jonathanlc2005   Jan 26, 2009, 9:47 AM
    • Re: ouch by tmo32   Jan 27, 2009, 10:34 AM
  • Re: ouch by BigKippa   Jan 26, 2009, 12:48 PM
    • Re: ouch by FknTwizted   Jan 26, 2009, 12:51 PM
      • Re: ouch by BigKippa   Jan 26, 2009, 1:08 PM
        • Re: ouch by FknTwizted   Jan 26, 2009, 7:23 PM
            (more replies...)
    • Re: ouch by trey1475   Jan 26, 2009, 1:28 PM
      • Re: ouch by BigKippa   Jan 26, 2009, 1:36 PM
    • Re: ouch by JeffdaBeat   Jan 26, 2009, 1:35 PM
      • Re: ouch by BigKippa   Jan 26, 2009, 1:38 PM
      • Re: ouch by biff441   Jan 26, 2009, 2:29 PM
        • Re: ouch by sprintrep08   Jan 26, 2009, 5:26 PM
    • Re: ouch by MidnightDT   Jan 26, 2009, 7:21 PM
      • Re: ouch by BigKippa   Jan 26, 2009, 8:29 PM
        • Re: ouch by MidnightDT   Jan 26, 2009, 8:52 PM
            (more replies...)
Sprint isn't that bad BradQue Jan 27, 2009, 7:39 AM
Sprint is going down! Yay Americanstud1987 Jan 26, 2009, 1:09 PM
As a subscriber of Sprint... Slammer Jan 26, 2009, 11:16 AM
STOP BASHING! wolfdude359 Jan 27, 2009, 8:16 AM
half happy and half sad.... cloudstrife1ph Jan 27, 2009, 4:37 AM
And they want the government to give them what? FknTwizted Jan 26, 2009, 12:48 PM
I laughed though rjflyn Jan 26, 2009, 9:18 AM
Easy solution around this doomtroll Jan 26, 2009, 6:02 PM
WOW! andy2373 Jan 26, 2009, 1:42 PM
i do feel bad tylerrocks09 Jan 26, 2009, 9:43 AM
 
 
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