The Inquirer-Home
Communications

Sprint Nextel to cull 8,000 jobs

Nibble Worried about the future
By Nick Farrell
Tue Jan 27 2009, 14:31

US TELCO SPRINT NEXTEL has announced it that it is slashing its work force by 8,000 more people. This is on top of the 4,000 the outfit let go last year when it closed 125 retail centres.

The outfit said the further shrinking of its workforce will help cut annual costs by $1.2 billion.

The latest round of layoffs, which represent a 14 per cent reduction of its 56,000 employees, will be largely completed in two months. µ

L'Inq
AP

 

Share this:

< Previous article| Next article >
Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

aboutus
Advertisement
Subscribe to INQ newsletters
Click here to sign up Existing user
INQ White papers

Databases

Network management

Security

Service oriented architecture

Storage
Advertisement
INQ Jobs
INQ Poll

Authorities in several countries raided Megaupload recently, shut down all of its services, seized hundreds of servers and arrested several of its executives on criminal charges.

Do you think the move was justified?

View other polls
Follow us:
Business & Technology websites:
Business research resources:
Products:
Investment Market IT websites:
Find out what you are worth:
Search for a job:
Recruitment Agency A-Z Directory
Accreditations: