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Sprint Layoffs: Will Sprint survive this year?

La Saria 2009/01/26 18:03:55
Sprint layoffs will continue and Sprint will eventually close down.
Sprint layoffs are just for now and Sprint will survive.
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Bad news from Sprint Nextel company. Sprint has announced that the wireless phone company will be laying off 8,000 employees that will save $1.2 Billion a year. Kansas City currently represents about 15 percent of Sprint's nationwide workforce of 56,000 employees. The company has about 12,000 employees in the Kansas City area. But that's not all, Sprint will be eliminating 401k plan to current employers for this year and salary increases. If you are reading this at your job, be glad your employed. Home Depot and Caterpillar have also announced major job cuts.
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  • 16851469 2009/03/16 01:04:43
    Sprint layoffs will continue and Sprint will eventually close down.
    16851469
    Sprint is so high......... I did'nt think they would be in bussiness as long as they have been....
  • agnsttrnd*nation in turmoil* 2009/02/04 19:06:23
    Sprint layoffs will continue and Sprint will eventually close down.
    agnsttrnd*nation in turmoil*
    They just aren't that good of a service, dropped calls, two-year contracts, charging for every single feature. They need to do a major overhaul to their business practices if they are going to survive.
  • clynn 2009/01/30 01:36:22
    Sprint layoffs will continue and Sprint will eventually close down.
    clynn
    Sprint has alot of competition going with other companies offering much better deals. They charge for every feature and only give updates on phone every two years, so I would have to say they will probably close eventually.
  • Brove 2009/01/27 16:32:55
    Sprint layoffs will continue and Sprint will eventually close down.
    Brove
    +1
    Nextel was a great company until Sprint bought them. A close family memeber worked for Nextel and once Sprint aquired them he decided to leave after seeing the company totally mismanaged. Thats the problem with all these big corporations buying each other out. It becomes a mess and the products suffers and finally goes bankrupt. Its happening all over the place and the government supports it and does nothing!
  • Ray 2009/01/27 12:23:32
    Sprint layoffs will continue and Sprint will eventually close down.
    Ray
    More and more business consolidations will fall out of this downturn.....no sector is immune.
  • tl2c04 2009/01/27 03:44:14
    Sprint layoffs will continue and Sprint will eventually close down.
    tl2c04
    I had sprint at one time, there service sucked. Instead of just laying people off they should work on giving people what they want. It;s another example of upper management worrying sbout there own pockets while the company crumbles around them.
  • Red Ruffansore 2009/01/27 01:38:34 (edited)
    Sprint layoffs are just for now and Sprint will survive.
    Red Ruffansore
    Sprint will survive because liberals need to network about Hope and Change, unfortunately they have the attention span of a goldfish and will be texting while driving and get run over by a semi. Sometimes you get lucky and kharma comes full circle.
    change attention span goldfish texting driving run semi lucky circle
  • jerrichard11 2009/01/27 00:52:14
    Sprint layoffs are just for now and Sprint will survive.
    jerrichard11
    everyone will have to tighten up operations to survive
  • kitkat42 2009/01/26 23:32:34
    Sprint layoffs are just for now and Sprint will survive.
    kitkat42
    It's going to be all about customer loyalty now. If they can actually save money like they have outlined, then they should be okay. If their service isn't good, then they won't have any customers and they'll close no matter what they do. It's in the hands of the general public, in my opinion.
  • ncc3865 2009/01/26 22:22:41
    Sprint layoffs will continue and Sprint will eventually close down.
    ncc3865
    +1
    There are many wireless companys out there. If they make it or not is up to the customers, as it should be. Nobody has a RIGHT to stay in business, you either earn your customers money or you don't. As with the auto dealers when there are to many people doing the same thing, some have to go.
  • Peter Griffin 2009/01/26 21:59:57
    Sprint layoffs will continue and Sprint will eventually close down.
    Peter Griffin
    Anarchy!
  • greek 2009/01/26 21:14:51
  • screwybruce 2009/01/26 20:46:06 (edited)
    Sprint layoffs will continue and Sprint will eventually close down.
    screwybruce
    +1
    Everything is going to close down the world will have to resort to canabolism in order to sustain humanity. Prices will drop so low that any body could afford anything except they dont have a job or a bank to borrow from as they will all fold and what is left in the Government will go to make sure the CEO's get their bonus's. Visa and other cards will collaspe and the Politicians will vote themselves another big pay raise.
    If you have a leak in a boat patch it, dont throw money at it. Failed businesses need to fail! How many small businesses have failed without a dime of tax payers money? LOTS.
    Yes the small businesses employ MORE people overall. This is no longer a recession when Credit Unions stop loaning monies on items they used too its a full blown WORLD wide depression. And IF you are reading this from your job as Trump would say "You're Fired!" as the IT department just turned you in for using company equipment on unauthorized sites. Have a nice day in the long line at the unemployment bureau. They have jobs! And Obama Bin Ladin wants to add 600,000 more.
    Oh and one more thing, where are our Courts at to prevent Monopoly's?
    Thats right they are also government paid so why should they care any more then any other bureaucrat.
  • Wallwatcher2009 2009/01/26 20:08:14
    Sprint layoffs are just for now and Sprint will survive.
    Wallwatcher2009
    I thinSPRINT NXTEL CP(NYSE: S)
    NEW Real-time: 2.515 0.06 (2.24%) 3:06pm EThelp
    Last Trade: 2.53
    Trade Time: 2:50PM ET
    Change: 0.07 (2.85%)
    Prev Close:
    k they will do fine. Thanks
  • Sprint layoffs will continue and Sprint will eventually close down.
    Gยเtคг Plคאєг ( JFK Democrat )
    they can not compete with AT&T; and Verizon. in this bad economy only the big dogs will win
  • Bill 2009/01/26 19:05:45
    Sprint layoffs are just for now and Sprint will survive.
    Bill
    I must confess, I looked into my crystalball and got a busy signal... I would have to
    believe any company capable of saving 1.2 billion a year by reducing the work force
    is probably capable of surviving a little recession, however, if the recession turns
    into a depression, it could be a different story, for all of us.
  • BigLeagues 2009/01/26 18:43:54
    Sprint layoffs will continue and Sprint will eventually close down.
    BigLeagues
    BUT - you left out a HUGE possibility: Sprint will continue to lose money and layoff workers. However as it downsizes Sprint becomes more interesting for a potential buyer. Which leads me to predict that Google will be among the suitors. Don't be surprised if Microsoft jumps in as well. Why? Mobile is the future. Google was denied UHF spectrum last year by the FCC. Google's plan was to build a national broadband network and offer advertising supported FREE cell phones. I think they still want to do it. And it would be way more profitable for them to sell the G Phone themselves.
  • Yellow Tail 2009/01/26 18:35:14
    Sprint layoffs are just for now and Sprint will survive.
    Yellow Tail
    I'd like to say this is just a temporary situation, but with the economic turmoil we are all facing now, it could be the beginning of the end for Sprint/Nextel... Along with the other announcements, GM has also said another 2000 jobs will be lost along with plant closings after getting the bailout loans stating its part of the reorganization to meet today's cloudy auto sales climate. Unfortunately, I don't believe we are anywhere near the bottom yet and more and more people are going to be losing their jobs. I was part of the home building industry for too many years and we were among the first to start seeing that the economy/we were in serious trouble. Sales started to drop off in early 2004 and the company I worked for started laying off folks in early 2005. Then the bubble burst... Houses were getting too overpriced, folks were getting into McMansions when they could not afford it because of "creative financing" and Freddie and Fannie got in trouble, folks started losing their homes to foreclosure because they lost their jobs and the rest is history. These are very scary times indeed and Sprint is just another company trying to survive... whatever it takes.

    YT
  • Deleted 2009/01/26 18:21:12
    Sprint layoffs will continue and Sprint will eventually close down.
    Deleted
    I hate to see people losing their jobs, but Sprint and Time Warner are two service industries I could certainly live without. They have poor service as well as piss poor customer service.
  • ©TransAmTam~Metal Queen \m/ 2009/01/26 18:19:56
  • lonewolf 2009/01/26 18:16:21
    Sprint layoffs are just for now and Sprint will survive.
    lonewolf
    it's going on all over and it will get worse before it gets better.
  • donedunn 2009/01/26 18:09:40
    Sprint layoffs will continue and Sprint will eventually close down.
    donedunn
    +1
    The merger with nexTel really weighed down both companies. They will probably sell to another company before the year is out.
  • Sono Violado 2009/01/26 18:07:49
    Sprint layoffs are just for now and Sprint will survive.
    Sono Violado
    At least I hope they will survive.

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