republican-creole
Search:  

 
 
   News
newer
story category Sprint Plans More Layoffs
Several thousand, says WSJ
(old news - 08:54AM Tuesday Jan 15 2008)
tags: business · trouble · Sprint Broadband Direct
New Sprint CEO Dan Hesse will be instituting another round of layoffs "to show investors a new commitment to efficiency and cost discipline," according to the Wall Street Journal. The exact number of layoffs is not clear yet, but it's expected to be in the order of several thousand. The company laid off five thousand employees last year, and current employs around 60,000 people.

Related:
  1. Sprint and Nextel Never Really Merged
  2. 4 Companies That Could Disappear By Year’s End
  3. Embarq To Scrap Sprint Resale Deal
  4. Sprint Broadband Direct Goes Offline July 31
  5. Slate Wants You To Pay More For iPhone Data
  6. Sidekick Users Get Outage AND Total Data Loss
  7. Unions Blame Verizon For Fairpoint Disaster
  8. CRTC Blocks Canada's WIND Wireless Network
Forums » Sprint Plans More Layoffs
view: topics flat text 
Post a:

wruckman
Ruckman.net

join:2007-10-25
Northwood, OH

Slowing down

This is a sign that business is really slowing down for Sprint.

NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

Re: Slowing down

said by wruckman See Profile :

This is a sign that business is really slowing down for Sprint.
You know I never understand why Verizon Wireless does not buy them?. CDMA carrier (mostly) and this would double their size and Blow AT&T out of the water in terms of # of active subscribers.

lettcco

join:2003-12-04
Valencia, CA

Re: Slowing down

I sure hope it's the other way around, cause verizon=communist
s13

join:2007-12-06
USA

Re: Slowing down

I went with Sprint specifically to get away from Verizon and their nickel-and-diming bullshat. The day they buy Sprint is the day I become a T-Mobile customer.

en102
Canadian, eh?

join:2001-01-26
Valencia, CA
As much as I despise Verizon (Wireless and landline from past issues), I don't think Verizon would buy Sprint. A Sprint + Alltel deal would be more likely.
--
Canada = Hollywood North
xenophon

join:2007-09-17
·Sprint Mobile Broa..


1 edit

Re: Slowing down

Sprint is a $40B+ Fortune 100 profitable (barely) company. They could lose millions more customers and still be an F100 company.

The issue is iDen losses, not CDMA. Once they convert iDen customers to CDMA and improve customer support (it's getting better), they'll be back on track. When they merged, they said it would take several years for the dust to settle. Well it's only been two. Give it a couple more years.

If WiMAX takes off, they'll be in good shape.

This is no different than US car companies going through ups/downs. They're just too big to go away.

inteller
Sociopaths always win.

join:2003-12-08
Tulsa, OK

Re: Slowing down

what you fail to mention is that the iDEN bubbas didn't just switch over to the CDMA side of sprint. They left. That has to be the case because you can't move people around on your network and lose money. People have to leave.

Also, Sprint lost a lot of the original Sprint faithfuls (like me) who viewed them as an advanced company pairing up with a bunch of hick chirp users. These days, Verizon and ATT understand the tech just as well as the old Sprint used to so yo udont have to stick with them to be cool or hip.

And the MVNOs are killing sprint. They need to stop those the sooner the better.

pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast

said by NY Tel See Profile :

You know I never understand why Verizon Wireless does not buy them?.
Probably because there is too much overlap between Verizon Wireless and Sprint's coverage areas. A much better acquisition for Verizon Wireless or Sprint would be ALLTEL.
--
Only SHATNER is Kirk.

NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

Re: Slowing down

Wasn't Alltel recently sold? And as far as the overlap is concerned - that would be 50 million additional subscribers who would be able to take advantage of the Verizon network, allow them to shut down duplicate towers and become the largest carrier overnight.

pnh102
Reptiles Are Cuddly And Pretty
Premium
join:2002-05-02
Mount Airy, MD
·Comcast

Re: Slowing down

said by NY Tel See Profile :

And as far as the overlap is concerned - that would be 50 million additional subscribers who would be able to take advantage of the Verizon network, allow them to shut down duplicate towers and become the largest carrier overnight.
I don't think Verizon would want to touch the mess that is Sprint. I don't have Verizon Wireless as my personal cell provider but it seems they are doing pretty well without Sprint as it stands now. If they were to acquire Sprint, it would be a huge financial risk for a company that is doing very well. There would be all sorts of problems, and if Verizon is smart, they would want to avoid such hassles.
--
Only SHATNER is Kirk.
CurGeorge8

join:2005-05-02
Pittsburgh, PA

Re: Slowing down

I concur. VZW seems a lot more concerned about profitability than they are about shear size.

NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

Probably why Verizon has not yet offered me the job of Senior VP of Mergers and Acquisitions. Hey I'm a former employee - they could just re-activate me and bridge my years of service, I'll buy Sprint - shut the towers down, overload the network and collect my 6 million in executive perks.....lol
Works for me
Sammer

join:2005-12-22
Canonsburg, PA


1 edit
said by NY Tel See Profile :

Wasn't Alltel recently sold?
Alltel is now privately held but that doesn't prevent them from being acquired in the future. Stock analysts have stated for some time that Alltel would be an excellent fit with Verizon Wireless.

NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

Re: Slowing down

said by Sammer See Profile :

said by NY Tel See Profile :

Wasn't Alltel recently sold?
Alltel is now privately held but that doesn't prevent them from being acquired in the future. Stock analysts have stated for some time that Alltel would be an excellent fit with Verizon Wireless.
I believe that Verizon "peers" or uses quite a bit of Alltel's network already.
DoRight

join:2007-07-20
Mechanicsburg, PA
·Comcast
·Sprint Mobile Broa..
·Verizon FIOS

Yeah.. Sprint should have bought Alltel or US Cellular... I can only thank Sprint for one thing.. Them laying me off last year.. If they hadn't I would still be there and not have this awesome job managing Verizon FIOS locations...

esc0

@swbell.net

Re: Slowing down

Please tell Verizon to come into the El Paso, TX area. I am dying for a change. We all are.

Raptor
Not a Dumptruck

join:2001-10-21
London, ON
·Rogers Hi-Speed
·Bell Sympatico

Perhaps time is all it will take, let them bleed a little bit more before moving in for the kill. 5000 last year, more to follow now?

And then there's getting the Federal nod, not that that is ever a real hurdle.
--
....where's my fiber?
ydoucare

join:2003-03-12
Rensselaer, IN
If Verizon ever buys Sprint, i'll be saying goodbye to my nice unlimited EVDO connection.

BIGMIKE
Premium
join:2002-06-07
Westminster, CA

google Results 11 - 20 of about 1,330,000 for 2008 Layoffs.

»www.google.com/search?q=2008+Lay···=10&sa=N

GlobalMind
Domino Dude, POWER Systems Guy
Premium
join:2001-10-29
Hollywood, FL

And bets are...

Dan Hesse will get his nice fat bonus at the end of the year too.

Eliminate the real workers who get things done and still pay the suits a huge bonus regardless of their performance. Excellent.

cmon now

@rcn.com

Re: And bets are...

You ever been a CEO? You run the organization where you have to make 60K employees happy and than millions of investors happy too. In the organization that has 60K employees, 5K is the easily "fat" that can be trimmed. Last time I checked this is not China or Russia, communism is not the regime.
Your 401K or individually you are investing in Sprint for your retirement. You want more money at the time you retire, you in a way are pressuring the companies you invested in to perform. In order for them to perform, they have to trim the fat and get more efficient. Start cutting out middle management and some of those mediocre employees and in a company of 60K you will find 20K than must be fired.

GlobalMind
Domino Dude, POWER Systems Guy
Premium
join:2001-10-29
Hollywood, FL

Re: And bets are...

said by cmon now :

You ever been a CEO? You run the organization where you have to make 60K employees happy and than millions of investors happy too. In the organization that has 60K employees, 5K is the easily "fat" that can be trimmed. Last time I checked this is not China or Russia, communism is not the regime.
Your 401K or individually you are investing in Sprint for your retirement. You want more money at the time you retire, you in a way are pressuring the companies you invested in to perform. In order for them to perform, they have to trim the fat and get more efficient. Start cutting out middle management and some of those mediocre employees and in a company of 60K you will find 20K than must be fired.
Care to register or sign-on and maybe I'll really care about your point. But I'll take a bit of the bait anyway.

I have no problem with sound management, tough decisions need to be made and sometimes that means layoffs. My problem is that we see too much reward for poor performers. CEOs are one role where you get to have your nice little guaranteed contractual bonus of millions, regardless of how shoddy you run the place. That stinks on ice.

History supports what I say here, we've seen it time & time again. You can try to discredit all you want, it won't work. The CEO isn't some victim in all of this and if the company sucks wind they need to take more responsibility.

old_dawg
"I Know Noting..."

join:2001-09-22
Westminster, MD

said by cmon now :

In the organization that has 60K employees, 5K is the easily "fat" that can be trimmed... Start cutting out middle management and some of those mediocre employees and in a company of 60K you will find 20K than must be fired.
As a 20 year legacy LD SPRINT employee, let be be the first to invite you to be "trimmed", you anonymous p.o.s.!.
--
"Our network engineers are aware of the problem..."

esc0

@swbell.net

Funny Funny

Why we never hear the CEOs taking a pay cut? Always the small fishes that takes the blow for the greedy guys up top. The again Sprint would never be in a situation like this one if they were treating their customers right.

rudnicke
Premium
join:2004-10-23
Rantoul, IL

Re: Funny Funny

Yup. All CEO's are corrupt, greedy pigs. I don't trust any of 'em.

lettcco

join:2003-12-04
Valencia, CA

all they have to do...

is open up the SERO plan for all! who can resist unlimited internet for $30?
DoRight

join:2007-07-20
Mechanicsburg, PA

Re: all they have to do...

I thought it was $49??

Jerm

join:2000-04-10
Richland, WA

Re: all they have to do...

$30 for 500mins, unlimited txt/pics/internet, all features included

$40 gets you 1259 minutes

no share plans though, only single lines of service

go look up Sero on Fatwallet or SlickDeals
Gilitar

join:2000-11-20
Mobile, AL

No recovering

Sprint's name is toast. There won't be a recovery for Sprint. Curtains.
nutcr0cker

join:2003-04-02
Chandler, AZ

Americans don't need jobs

Haven't you heard the presidential front runner McCain! Americans don't need such jobs if elected he would ensure that the remaining jobs are offshored
mikeyoung89

join:2008-01-02
Linden, VA

Re: Americans don't need jobs

As an 'off-shored' former Sprint/Nextel computer consultant (I've given the details in a forum) I can tell you that in my opinion, Sprint is an F###ed company. They managed to destroy 2 companies (1 that was good) with the Sprint/Nextel merger. They have been off-shoring and cost-cutting like nothing you've ever seen and they are still loosing.
Before I left, they even removed the lights from the vending machines to save money!

NY Tel
Premium
join:2004-04-09
Smithtown, NY
·VOIPo

Re: Americans don't need jobs

said by mikeyoung89 See Profile :

Before I left, they even removed the lights from the vending machines to save money!
lol - after that move, their new tag line should be "Think calling on our network is difficult now ?...Try dialing in the dark"...

tc1uscg

join:2005-03-09
Saint Clair Shores, MI

said by mikeyoung89 See Profile :

As an 'off-shored' former Sprint/Nextel computer consultant (I've given the details in a forum) I can tell you that in my opinion, Sprint is an F###ed company. They managed to destroy 2 companies (1 that was good) with the Sprint/Nextel merger. They have been off-shoring and cost-cutting like nothing you've ever seen and they are still loosing.
Before I left, they even removed the lights from the vending machines to save money!
Your full of $hit. I remember when they went to IBM for some programming help, ibm sent it overseas, quality when to crap and sprint shut down the contract and rehired the people they let go to IBM and got it back in their backyard.

Now, which company are you talking about. Hope it's not the almost bankrupt scrambling for a home Nextel bunch. If Sprint hadn't stepped in, there would be no Nextel right now. They were loosing their spectrum. They were causing problems with public service systems. IT was a mess. Nextel wasn't a money maker and sprint knew it before they took over the company. They just wanted the customers. I just wished they had killed it off 1 year after buying'em. If you ask me, waiting this long before weeding out redundancy was bad.

verolom

join:2002-03-23
Eagleville, PA
What are you smoking and can I get some of that?
Benji2112

join:2007-02-14
Columbus, OH

Sprint

Yes, you know they are in trouble. Everyone I know who has them have had extraoridinary charges appear out of nowhere on their bills. Totally unexplained ones. I have " Unlimited spending limit," and have been current on my bills EVERY month, and what happens. they turn off my phone and say " I didn't pay my bill last aug... 07. I am like , yes here it is, and then they " sorry, it was last september". I prove them wrong again, and they say " just pay it while we look into it. " I finally got one good guy there to look at it, and he turned on my phone, gave me the credit for what I paid, and the next day, promptly turned my Phone off and said i didnt pay for dec. %^$%^ !!!! Then , in trying to sort it out ( more minutes in these service called than I have used in a year combined, that while yes, I have had the service for a year, made 12 payments, but Sprint considers that a year billing cycle has 17 months not 12 !!!!! so I am 5 months behind. No kidding. This is where it is right now.

To top it off, my GF, had her contract expire ( good standing 2 years up, and when she deavtivated her family plan ( contract up, acknowledged by sprint) they whacked her for 3 lines termination fee at 200 a pop. After CS was called, they acknowledged the mistake, issued 600.00 credit leaving a zero balance. When she looked on her bill, online, it had balance due 780.00 They took the termination fees off, then waited a cycle and put them back on !!!!! To top it off even more, then they explained the 780 was for " text messages over the 2 years @.15 a piece that they "forgot" to charge for. These text messages were from Sprint, under the title " free text message about you bill" and they are charging her for them.

Sprint, over the last 2 months has completely lost their mind. I guess now we know where the new CEO bonus money is coming from. Time with CS service so far. 3 1/2 weeks ( so 24 hrs times 3/12 weeks phone time) no resolution
yahtzee
Premium
join:2000-12-03
Richmond, VA

Re: Sprint

said by Benji2112 See Profile :

To top it off even more, then they explained the 780 was for " text messages over the 2 years @.15 a piece that they "forgot" to charge for. These text messages were from Sprint, under the title " free text message about you bill" and they are charging her for them.
I call BS.

phattieg

join:2001-04-29
Winter Park, FL

Re: Sprint

Yeah, that one sounds more like an "outsourcer" not caring...
Benji2112

join:2007-02-14
Columbus, OH

really? Wonder why they e-mailed her back, removing the text charges ( tooK her 6 e-mails) and taking her off the "text alert " system, and gave her 500 text messages so she wont be charged again? Were they being nice?

New Sprint CEO Dan Hesse will be instituting another round of layoffs "to show investors a new commitment to efficiency and cost discipline," You know how they do that? The cut costs and squeeze every single dime of revenue they can tack on, or hide in a bill. I had ZERO beef with them, besides the couple of times I had to call CS, until the last 3 months, when all the bills had every single possible charge on it, or hidden in it. Happens all the time in mobile, cable, and phone companies.

.15 cents times X number of text messages system wide is a hunk of change dude

old_dawg
"I Know Noting..."

join:2001-09-22
Westminster, MD
This piece of dreck made my head hurt; a true product of the
publik skool system!
--
"Our network engineers are aware of the problem..."

tc1uscg

join:2005-03-09
Saint Clair Shores, MI
Nice story. Do you write fiction?
competence

join:2004-11-24
123456

YAY

I'm not racist, but get rid of them goddamn people that don't speak a damn bit of English and make my troubles worse when i try to call and get a simple issued assessed properly and it doesn't!. Sprint forgot that they're an American company and majority of consumers are American/Speak Fluent English, stop hiring BOMBAY INDIA DAMN IT!
Forums » Sprint Plans More Layoffs


Tuesday, 10-Nov 10:08:09 Terms of Use | Privacy Policy | Hosting by www.nac.net - DSL,Hosting & Co-lo | feedback | contact
over 10 years online! © 1999-2009 dslreports.com.republican-creole