Sprint Plans to Lay Off Thousands
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Comments 100+
Nov 9, 2009, 4:05 PM by Eric M. Zeman
Today Sprint Nextel said that it plans to reduce its personnel expenditures by about $350 million annually. In order to accomplish this cost savings, Sprint will need to lay off between 2,000 and 2,500 employees. Sprint said that positions will be eliminated company wide and across all regions where Sprint has operations. Most of those to be laid off will see their jobs eliminated by December 31, 2009.
Merry Christmas
your fired....
Would it be better to be fired in January, after you've already spent money on Christmas?
In any event, this is primarily done so it all goes to this year's ledger.
epikNov 11, 2009, 2:33 AM
Happy New Year!
n/t
Definitely a company I will stay with
My heart goes out to those losing their jobs not only before the Holiday Season but at such a time as this. Let's face it, Sprint is making every appropriate move in the positive direction that looks quite promising to me. It's their fiduciary duty to their shareholders to lay off all of these workers and I hope they get employment elsewhere.
Amen, I agree with your statement. They are simply relieving a heavy load thats really not a necessity but more of a luxury to have all the agents they have. They can let some go and possibly have the remaining agents work a little harder and give bet...
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island-guy said:
My heart goes out to those losing their jobs not only before the Holiday Season but at such a time as this. Let's face it, Sprint is making every appropriate move in the positive direction that looks quite promisin
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...for the current Prez. PR.
He must have it made. No matter what happens or when it happens, it is not his fault!
He is doing so much for the country. Plus he only gets credit. When it comes to fault, hey it is not his problem. And as an extra...
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SURPRISE!
Great Christmas gift, huh?
When companies can't compete, they take the cowardly way out. God forbid the execs take a pay cut. Punks.
muchdrama said:
Great Christmas gift, huh?
When companies can't compete, they take the cowardly way out. God forbid the execs take a pay cut. Punks.
Companies like Verizon and AT&T that can compete, and STILL
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All companies will follow
If someone does it the others will do it too. It reflects their bottom line and could help a stock price. Greed, good luck to all of us.
Really? No one has ever followed Sprint's lead in the past when they have laid off employees.
No other companies are in the red like Sprint has been in the last 8 quarters.
Sprint has already laid off thousands of employees because they keep losing money every quarter because so many post-paid subscribers are leaving in droves.
It is really sad, and I think in a year, Sprint may drop down to number 4. T-Mobile is get...
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Greed?!?! lol How about they're trying to stay above water. They have the cheapest plans (low profit margin). They're still shedding customers on a net basis and the majority of new customers are lower revenue. How do you keep the same costs witho...
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I read the forums all the time but I never post anything, as I am firewalled from doing so at work. I work for a large competitor of Sprint, and while yes, I do enjoy hearing that we're doing significantly better then they, I feel very bad for the em...
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this looks bad
Especially after another deal with clearwire for 1.5 billion.
And how long before the clearwirte deal either falls apart or begins to show some ROI (return of Investment)? Or is this just another instance of featherbedding? Also Sprint's customer service is just sooooo great that even with fewer employees they w...
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What did you all expect???
I feel bad and my heart goes out to those who work for the company but is this any surprise??? Sprint hasn't been doing well in the longest. Honestly I'm surprised they haven't filed for bankruptcy yet. Mr. Hesse can only put up a front for so long, you know.
Sprint has made way too many mistakes in the past and they treated even their most loyal of customers like $hit. Only recently they started to make amends by ending the outsourcing of customer service and other vast improvements. But I'm afraid the damage is done.
I'm an authorized dealer (not for Sprint) and I can honestly tell you that people have this stigma about Sprint. It really has a bad reputation in the industry. You mention it to business users and they just laugh in yo...
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User: AndroidRules
Info Reviews Forum Msgs. Contact
Member since November 10, 2009
"said the new guy"
OUCH is right, and I also wonder if this will carry over to contracted employees, like outsourced call centers.
what would everyone else do?
Sprint has been in trouble since old management. Dan Hesse comes on board and cleans house by dismantling the old management team. He takes the worst customer service reputation in the business and improves it to gain excellent ratings it now has. He has re-stocked the stores with a very heavy attractive and powerful line up of devices. The network has also improved greatly since his entrance.
Sometimes when you clear land to rebuild and the dust settles, You notice final touches that need to be made in order to go forward. Sprint is regaining a foothold but it will take more time.
Areas of non-profitability need to be eliminated. Sprint's big push is to do more with less. There is no way around it. It needs to be done. Yes,Sprint is ...
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350 Mill in only 2500 employees?
If they are "only" letting go of 2500 employees and are going to save 350 million a year that means the average pay is $140k a year.If its 2000 employees its $175k a year. I would think they would be letting go many more people with an average wage of 40k a year (8750 employees).
Maybe they are middle management positions?
Very valid question, most people really have no idea how much it costs to actually operate a business.
There is a lot more to an employee then what there salary is. In addition to salary sprint also spends as much as 12000$ or more on benefits as ...
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SuCkS
totally sucks. I was thinking about working for Sprint or Verizon..... but there is more sh*t to deal with. so i think ill stay where I am at.... we hire people all the time because we need more help with all the new activations we get. đ
can i get a job then lol đ