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]
Links:
[1] http://www.fiercemobilecontent.com/story/virgin-mobile-usa-completes-helio-acquisition/2008-08-25?utm_medium=rss&utm_source=rss&cmp-id=OTC-RSS-FMC0
[2] http://www.fiercemobilecontent.com/story/virgin-mobile-usa-cuts-10-percent-workforce/2008-11-18
[3] http://www.fiercewireless.com/story/nokia-siemens-continues-job-cuts/2008-11-11
[4] http://www.fiercewireless.com/special-reports/out-work-wireless
[5] http://www.fiercewireless.com/story/ericsson-shut-down-u-s-r-d-facility/2008-11-25