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Sprint to cut jobs, may move back to Kansas

Following the recent appointment of Dan Hesse as CEO, Sprint Nextel is considering laying off a few thousand of its 60,000 total employees, according to a report in The Wall Street Journal. The carrier, which has suffered through customer defections and ongoing corporate strife related to the Sprint Nextel merger, cut about 5000 jobs last […]

Telecoms see mergers and acquisition mess

The cost of industry consolidation over the last few years was not just limited to the deal prices quoted to Wall Street. 2007 was the year that the telecom began to deal with the ongoing cost of consolidation, such as technological and corporate integration. The most obvious example at the carrier level was Sprint Nextel’s […]