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Published on FierceWireless (http://www.fiercewireless.com)

Virgin Mobile USA cuts 10 percent of workforce

By mike
Created Nov 18 2008 - 2:51pm

Virgin Mobile USA announced it is eliminating approximately 45 positions in its New Jersey and California offices, slashing about 10 percent of its workforce. In a memo to employees, Virgin Mobile USA CEO Dan Schulman blamed the cuts on the MVNO's transition of IT services to IBM and its $38 million acquisition [1] of SK Telecom's troubled U.S. wireless unit Helio. See the full story in FierceMobileContent. [2]


Source URL:
http://www.fiercewireless.com/story/virgin-mobile-usa-cuts-10-percent-workforce/2009-01-26