Report: Sprint eyeing job cuts, HQ move

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 year.

The story also says the company is considering moving its headquarters from Reston, Va., back to Overland Park, Kan., where Sprint had been based before it merged with Nextel. The company still has more employees-about 13,000-at the sprawling Overland Park campus than it has anywhere else. Some, but not all, of the Reston employees would be asked to move, according to the report.

For more:
- read this story in The Wall Street Journal

Related articles:
- Dan Hesse left Embarq last month to join Sprint Nextel

Suggested Articles

icrosoft took the wraps off of a new cloud service for Azure via its partnership with Genesys.

Ahead of next month's fourth quarter earnings, Windstream touted its 2019 broadband achievements this week.

Cincinnati Bell announced on Friday that it has received an unsolicited buyout bid from an "infrastructure fund" for $12 a share in cash.