Telecommunications equipment maker Tellabs will cut 200 jobs over the next five quarters as part of a restructuring plan. Tellabs, which reported a net profit of $62 million for the fourth-quarter thanks to a positive tax adjustment, is attempting to cut costs while shifting the company’s focus to Ethernet and Internet network equipment. Tellabs said that while [...]
Continue reading...Wednesday, November 18, 2009
Sony Ericsson is streamlining operations and cutting 2000 jobs. As part of a global consolidation, four US facilities will be closed down by the third quarter of 2010, along with two more overseas. The company will move its North American headquarters from North Carolina’s Research Triangle Park to Atlanta and closing that facility, [...]
Continue reading...Tuesday, November 10, 2009
NTELOS, a telecommunications provider based in Virginia, announced that it was planning to cut an unspecified number of jobs. The job cuts will be primarily in support positions and not in areas the deal directly with customers. Some jobs will be eliminated through early retirement or by not filling vacant positions, and the [...]
Continue reading...Monday, November 9, 2009
Sprint Nextel is planning to trim 2,500 jobs across the entire company with many of the layoffs coming before the end of the year. The company is also planning to cut back on the number of outside contractors it uses. No specifics were given in the latest announcement but Sprint has said in [...]
Continue reading...Tuesday, November 3, 2009
Telecommunications equipment supplier Nokia Siemens Networks has announced a cost cutting plan that includes the elimination of 5,700 jobs world wide. The company operates in 150 countries and says that the job cuts will be evenly spread throughout its operations, but no further details were given. Nokia Siemens Networks was created as the result of [...]
Continue reading...
Tuesday, January 26, 2010
0 Comments