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Sprint Nextel will cut about 2,500 jobs in 2006

Discussion in 'Wireless News' started by jones, Feb 22, 2006.

  1. jones

    jones Silver Senior Member
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    Sprint Nextel will cut about 2,500 jobs in 2006
    Sprint Nextel Corp. will cut its global work force by 4 percent, or about 2,500 jobs, in 2006, company officials said Wednesday.


    Sprint Nextel spokesman David Gunasegaram said he doesn't know how many of the cuts will be in the Kansas City area. He said the company is paring down its work force as part of a plan to rationalize its costs following Sprint Corp.'s August merger with Nextel Communications Inc.

    Sprint Nextel (NYSE: S) has promised Wall Street $14.5 billion in cost savings and additional revenue in conjunction with the merger.

    Gunasegaram said that the company will shed 4,500 jobs in 2006 across all its departments but that it will add 2,000 new jobs in growth areas, such as its voice-over-Internet business.

    Some of the cuts will come from Sprint Nextel not filling open positions, he said. Gunasegaram said the company hasn't determined how many cuts will come through attrition.

    The company ended 2005 with about 60,000 employees, including about 16,000 locally.

    http://www.bizjournals.com/industries/high_tech/telecom/2006/02/20/kansascity_daily19.html
     
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    #1 jones, Feb 22, 2006
  2. Dogma

    Dogma Senior Member
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    Wondering if a lot of these cuts will be affiliates that Sprint/Nextel recently aquired? Especially where they overlap with one another.
     
    #2 Dogma, Feb 22, 2006
  3. WirelessBeachBum

    WirelessBeachBum Soylent Green is People
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    From what I have seen in my area, they seem to be cutting affiliate employees in favor of Nextel employees...at least in the b2b channel.
     
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    #3 WirelessBeachBum, Feb 22, 2006
  4. Dogma

    Dogma Senior Member
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    One thing to note, especially where Nextel Partners and Illinois PCS overlap is that Nextel Partners owns the towers and the Sprint affiliate iPCS does not. Whether that makes a difference in decision making, I don't know?
     
    #4 Dogma, Feb 23, 2006
  5. bobolito

    bobolito Diamond Senior Member
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    This was only a matter of time. I was waiting for it.
     
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    #5 bobolito, Feb 23, 2006
  6. AnthroMatt

    AnthroMatt Big Meanie
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    Bound to happen with any merger.
     
    #6 AnthroMatt, Feb 23, 2006
  7. djdubber

    djdubber New Member

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    i wonder how many jobs were cut with the Verizon and MCI partnership??

    or did they hire more workers?
     
    #7 djdubber, Feb 26, 2006
  8. WirelessBeachBum

    WirelessBeachBum Soylent Green is People
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    In my area, there are two networks Nextel's and Alamosa's....Airgate built the network then merged with Alamosa...iPCS, used to be owned by Airgate, but the "disowned" them after they figured out they made a bad decision in buying them. Many Airgate corp. employees moved to iPCS to later be rolled off with the company.
     
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    #8 WirelessBeachBum, Feb 26, 2006
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