Feeds

Sprint to shed another 700 jobs

On your marks, get set...

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

US telecoms giant Sprint is to shed 700 sales and support jobs as it continues to jiggle its business about.

In a statement issued today the company said that the job losses would be achieved "through attrition, voluntary separations and layoffs". However, those facing the chop can expect to receive a wedge and other benefits.

Sprint also said that it would take a financial hit reducing the value of its long-distance network because of "competitive conditions, recent regulatory rulings [and] evolving technologies". However, the extent of that is being kept under wraps until Sprint publishes its Q3 results next week.

In June Sprint announced that it was culling 1,100 jobs in response to being squeezed by the "highly competitive" long distance market. Some 850 jobs were erased from its Sprint Business Solutions (SBS) unit while a further 250 corporate jobs supporting SBS were also scrubbed out

A week ago AT&T announced that its plans to cease marketing traditional consumer services would result in the loss of further 7,400 jobs.

The US telecoms giant had already planned to cull around 4,900 jobs during 2004 - a cut of around eight per cent of its workforce. But in an update it warned that it would "significantly exceed its previously estimated workforce-reduction target...[and] now expects to reduce total headcount by more than 20 per cent in 2004". ®

Related stories

<a href="Sprint to axe 1,100 jobs
AT&T culls another 7,400 staff
EC wrong on Worldcom / Sprint deal

Internet Security Threat Report 2014

More from The Register

next story
YOU are the threat: True confessions of real-life sysadmins
Who will save the systems from the men and women who save the systems from you?
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Ofcom snatches 700MHz off digital telly, hands it to mobile data providers
Hungry mobe'n'slab-waving Blighty swallows spectrum
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Mitigating web security risk with SSL certificates
Web-based systems are essential tools for running business processes and delivering services to customers.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.