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Sprint to potentially announce layoffs in January?

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Sprint to potentially announce layoffs in January?
After a lengthy talk with Bob Brust, leading firm Pali Research is ready to predict that the third largest US carrier will shave jobs in order to protect its business.  Obviously, with any move of the stature that author Walter Piecyk is predicting, quarterly results are sure to be impacted, though he quickly added that it will put the company in a better position for 2009 and 2010. 

“With customer care in good shape, more flexible covenants in place and a planned layoff in January, CEO Dan Hesse has the financial flexibility and the organizational structure to make whatever moves he wants in order to stimulate growth," Piecyk said.  Though he believes that price plan reductions are still an option, Sprint was quick to dismiss the idea, with company spokesman James Fisher saying that price cuts are not likely at this point: "He [Bob Brust] strongly believes that we use every other tool to attract customers. It’s not to say we would never consider it, but not something that’s being actively discussed right now.”

Another piece of negative news for Sprint, but considering the carrier's staggering loss of one million customers in the last quarter alone, drastic changes from all aspects of the business seem to be the only available option to keep the company viable.

source: RCR Wireless

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28 Comments

1. (unregistered) posted on 20 Oct 2010, 01:42

Sprint!!!!!! Layoffs?!?!?! im so shocked!!!!!

14. (unregistered) posted on 09 Dec 2008, 11:26

As a VZW employee I feel horrible for those people who will be getting laid off from both Sprint and ATT

2. cj (unregistered) posted on 09 Dec 2008, 03:45

no sprint news is good news

3. (unregistered) posted on 09 Dec 2008, 07:01

LMAO sprint is finished

16. NWC (unregistered) posted on 09 Dec 2008, 12:15

Yea the news keeps getting worse for them, but they have a competent CEO and better plans and coverage than VZW and ATT. Ha and they aren't plagued by the Blackberry Storm.

19. (unregistered) posted on 09 Dec 2008, 13:46

its sad that these people are losing thier jobs. #16. do you really think they have better coverage than VZW?

21. vzw fanman (unregistered) posted on 09 Dec 2008, 14:10

haha lol. there is no way sprint has better coverage than at&t or verizon.

24. (unregistered) posted on 10 Dec 2008, 11:28

their coverage is on par with vzw, thus being better than at&t...

4. (unregistered) posted on 09 Dec 2008, 07:52

#3 u're a moron!!! And must be VZW idiots that needs a life. What is funny about people losing their job???

8. (unregistered) posted on 09 Dec 2008, 08:36

*sigh* Go get some vaseline if your butthole hurts that bad.

5. (unregistered) posted on 09 Dec 2008, 08:01

Verizon fans are all over Sprint news good or bad, when the company does come out of this mess they'll still be around

6. Jyakotu (unregistered) posted on 09 Dec 2008, 08:15

My mother and sister are both with Sprint and they're doing their best to keep their customers. It's sad that people have to lose their jobs.

7. (unregistered) posted on 09 Dec 2008, 08:22

lmao pwned and i have att loserville.

9. (unregistered) posted on 09 Dec 2008, 10:10

#3 & #7 need to get off your mom's couch and get a job and maybe a family, then you'd understand that people losing their jobs isn't very funny. But I'm sure mommy will take care of you for the rest of your sorry pathetic little lives.

10. (unregistered) posted on 09 Dec 2008, 10:27

#9 you need to get out of your parents basement, and then maybe youll understnad that getting pissed off at what some random person says on a forum is insane.

11. (unregistered) posted on 09 Dec 2008, 10:37

Shouldn't you guys be in school? Grow up people. Job losses are bad for the economy and affects us all. We are all int the same boat. Do you think that if this recession turns into another big depression, VZW will not cut jobs?

12. (unregistered) posted on 09 Dec 2008, 10:48

Do you think anyone cares what you say?

13. (unregistered) posted on 09 Dec 2008, 10:58

You did, you replied.

15. (unregistered) posted on 09 Dec 2008, 11:35

Lawl, owned.

17. (unregistered) posted on 09 Dec 2008, 12:32

That makes no sense. I dont give a shit what your opinion is on the cell phone industry, keep up the cries for attention dipshit, maybe someday youll get it.

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