Sprint to Lay Off Unknown Number of Workers
Sprint is prepared to lay off an unknown number of employees, according to filings the company made with the Securities and Exchange Commission. The cuts are part of a restructuring plan that the company announced today. Sprint employs about 39,000 people around the U.S. The Associated Press suggests the cuts might be significant based on the size of the charges Sprint expects to take on the workforce reduction. Sprint said it is still reviewing how many employees it will cut, but expects the reductions to be complete by June. More information should become available when Sprint announces earnings February 11.
Nov 16, 2020
Samsung's Galaxy XCover Pro is now available from AT&T for $510. The phone was first launched by Samsung at the start of the year as an unlocked phone for use on the Verizon network.
Jul 13, 2020
US carriers have launched a flurry of new entry-level phones from LG and Samsung in recent weeks. The phones include three new models from each of the two manufacturers.
Dec 13, 2018
Apple today announced plans to build a new campus in Austin and expand its presence in a wide range of other markets with new hires. The company will invest $1 billion in the Austin campus, which entails a 133-acre site capable of handling up to 15,000 employees.
Dec 10, 2018
Verizon Communications today said that about 10,400 employees have accepted a voluntary buyout offer and will leave the company at various stages over the next six months. Verizon says the workforce reduction, which impacts roughly 7% of employees, leaves the company better positioned for growth.
Ticking time bomb....
They are dropping workers just like they drop calls