Printed from http://www.electronista.com

Sprint cuts 8,000 jobs in bid to save $1.2b

updated 09:35 am EST, Mon January 26, 2009

Sprint Cuts 8K Jobs

Sprint this morning took drastic action to maintain its performance and said it would cut 8,000 jobs, most of which will be eliminated quickly and disappear by the end of March. The carrier describes the layoffs as reducing labor costs in a difficult economy and estimates it will save $1.2 billion per year from the efforts. Just over 10 percent of the jobs are those from a voluntary exit program started last year.

The company hopes to mitigate the impact of the cuts by claiming that the company will slash "less" positions that deal directly with customers than those behind the scenes. It also asserts that the cuts will apply to all levels of staff but also notes that it's freezing salaries this year as it did in 2008.

Sprint has been routinely struggling to compete against larger rivals AT&T and Verizon and has continued to lose subscribers for multiple past quarters that have also included heavy losses. The provider has had to mend a poor reputation for customer service and has yet to have a true flagship smartphone like AT&T's iPhone or Verizon's BlackBerry Storm, though many believe the Palm Pre may help the company make a turnaround.



By Electronista Staff
toggle

Comments

  1. MeandmyMac

    Fresh-Faced Recruit

    Joined: Feb 2008

    0

    Who's left...

    Who's left to sell the Palm Pre or other "iPhone killer" smart phone Sprint may be supplied by the various manufacturers.

    Sprint, "The Simply Everything Plan" is now "The Simply Nothing There Plan"...

  1. cmoney

    Mac Enthusiast

    Joined: Sep 2000

    -1

    grammar n***

    grammar n*** here to provide your daily macnn editor corrections. sorry to harp but macnn can sometimes be pretty bad at quoting sources, to the point where it sometimes even changes the meaning of the original quote.

    "The company hopes to mitigate the impact of the cuts by claiming that the company will slash "less" positions that deal directly with customers than those behind the scenes."

    this sentence is wrong because you quote "less" but you provide no reference. also you don't slash "less" positions, you slash fewer positions. it appears the quote comes from the cnbc article on this where they say it will affect "all levels...but less in customer care positions" which is correct usage.

    but really, what's the use in quoting one word when you can just paraphrase it and use "fewer" and end up with correct grammar and no missing reference?

  1. testudo

    Forum Regular

    Joined: Aug 2001

    +2

    Re: grammar n***

    Don't know how to break it to you, but in most camps, sentences should begin with upper-case letters. You should work on it.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Tablo DVR

With over-the-top content options growing past Hulu and Netflix, consumers may be finding it harder to justify paying a monthly fee fo ...

Sound Blaster Roar Bluetooth speaker

There could very well be a new king of the hill for Bluetooth speakers, with Sound Blaster's recent entry into the marketplace. Bringi ...

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

Sponsor

toggle

Most Commented

 
toggle

Popular News