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 5,000 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.
The Kansas City Star reports new Sprint CEO Dan Hesse will outline plans this week with the company's board of directors, noting that during his tenure as the head of local exchange carrier Embarq, Hesse tightly controlled costs, eliminating more than 1,200 jobs.
For more:
- read this story in The Wall Street Journal
- read this article from The Kansas City Star
Related Articles:
- Dan Hesse left Embarq last month to join Sprint Nextel