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Posts with tag layoffs

Creation of Symbian Foundation means heads will roll: UIQ slashes 200 jobs

Though the creation of the Symbian Foundation will likely ultimately come to benefit and unify the platform's various flavors, one terribly unpleasant side effect of the action in the short term is the positional redundancy created as S60, UIQ, and other units become virtual roommates. Some of the first casualties of the merger come from UIQ, which has announced a total of 200 layoffs -- over half of its 375-strong staff. UIQ has never garnered quite the attention of its S60 sibling, and we wouldn't be surprised if the group were to end up being hardest-hit of the Foundation's puzzle pieces. Ironically, beleaguered Motorola is a stakeholder in UIQ at the moment; as the parent goes, so goes the child, it seems.

[Via All About Symbian]

Sprint to sell off assets due to subscriber defections?


Things aren't going so hot down Sprint way right now -- although the carrier recently entered into that landmark $12B WiMAX deal with Clearwire and several other companies, it lost over a million wireless subscribers last quarter and posted a net loss of $211M. That's enough for CEO Dan Hesse to smack the emergency button: he's laying off 4,000 workers, closing Sprint stores, and cutting rates in an efforts to gain back customers and get back into the black. On top of all that, word on the street is that Sprint may also start selling off other assets, including lame-duck Nextel, even though that would involve "significant complexities," according to Hesse. Still, just the fact that he's thinking about it seems like a sign -- too bad no one asked him about those Deutsche Telekom buyout rumors.

Motorola to cut another 2,600 jobs

The tough times just don't seem to end at Motorola -- the company announced today that it's laying off another 2,600 workers, for a total of 10,000 positions eliminated since the start of 2007. That's on top of the various high-level executive departures that have been taken place lately, not to mention the company's plan to split off its mobile phone business, which will undoubtedly lead to more cuts down the line. The goal is to reduce costs by some $500M by the end of the year, and some of the jobs being lost come as Moto closes a factory in Singapore and a WiMAX development lab in Florida. There's no word on when the cuts are going to come, but here's hoping all these aggressive steps lead to a little vacation for Sad Moto here.

Motorola getting ready to close Birmingham design center?

The Register is reporting that Motorola's outpost in Birmingham, England has officially been placed on death row this week, with its 121 staff ominously being told that they're "at risk for redundancy." We're pretty sure that's code for "we think someone else is already doing your job, but we need to confirm that and get back to you," so in the meantime it seems like a brilliant idea for the so-notified folks to prep their CVs and hightail it outta there. To be fair, Moto is apparently going to start by trying to offer relocation or work-from-home deals for some of the Birmingham peeps, but it seems that it's a best-case scenario. Even worse, the office is a Moto design center; correct us if we're wrong, but we don't think you turn around a struggling phone manufacturer by killing off design, right?

Vodafone cleans house, 450 big wigs shown the door

If you're going to cut the fat and get down to business, we suppose there's no better place to start than somewhere vaguely in the middle, and that's exactly what Vodafone has taken to doing in a just-announced round of job cuts. 450 heads in management will roll, mostly in the megacarrier's UK headquarters, while the overall population will remain stable by replacing 'em with 330 "retail advisers" specializing in explaining data services to customers and another 160 in various sales, service, and billing roles. Along with the Orange tower synergy, we're really starting to notice you getting a little thinner in the waist, Voda.

[Via mocoNews]

Motorola lays off yet another couple hundred?

No stranger to layoffs, rumor has it that Moto has laid off more than 200 additional folks recently in its home town of Schaumburg, Illinois, with the customer service, mobile, and lab departments taking the bulk of the hit. Now, we figure there are two ways to look at this: one, the layoffs aren't over at the world's number three manufacturer -- or two, they're starting to taper off. Take your pick.

[Thanks, Tom J.]

Sprint layoffs start at the top

Well, not the very top -- give the guy a chance, will ya! -- but it's clear that heads are already starting to roll at Sprint Nextel following last week's disastrous report of subscriber churn, with the company's chief financial officer, chief marketing officer, and president of sales and distribution effectively getting the boot as of tomorrow. In respective order, Paul Saleh, Tim Kelly, and Mark Angelino will all be "stepping down" on Friday, according to the Wall Street Journal (subscription required) -- the first casualties of a planned 4,000 head count reduction. CFO Saleh is getting replaced in the interim by Senior Vice President and Controller William Arendt, while the other two positions will be temporarily filled by unnamed executives. Sprint lost 639,000 valuable postpaid customers in the fourth quarter, and taking a look at our decidedly unscientific poll may give you some idea why.

Update: Sprint sent us some more info regarding the other interim replacements: "John Garcia, currently senior vice president, Product Development and Management, will serve as acting Chief Marketing Officer. Paget Alves, currently Sprint Nextel's regional president for sales and distribution, will serve as acting president, Sales and Distribution. All will report directly to Hesse."

[Image courtesy of Chip Kidd, The New York Times]

Sprint announces massive layoffs, store closings amid subscriber defection

New Sprint Nextel CEO Dan Hesse appears to have inherited a company bleeding subscribers by the thousands, and will now officially be dropping the ax on 4,000 employees and 125 retail locations. Amid the loss of 639,000 postpaid customers in the fourth quarter, Sprint will be cutting a total of 6.7% of its work force (following the 5,000 layoffs last year) and 8% of company-owned brick-and-mortar stores, while remaining mute on other rumors that it will consolidate its headquarters in Kansas. Sprint Nextel shares are down $2.89, or nearly 25%, at the time of this writing.

[Thanks to everyone who sent this in]

Nokia boycott urged by German unions

So apparently, that whole "plan to shut down a Bochum Nokia plant" didn't exactly sail over everyone's heads, particularly not in Germany. Reports are now flowing out that unions in the nation are taking it upon themselves to urge consumers not to purchase wares from the firm, with Dietmar Muscheid, regional head of the Confederation of German Unions (DGB), being one of the most vocal. Muscheid went on to state that "whoever buys a cellphone today should think about the choice they are making and what catastrophic consequences the company's actions in Bochum will have for thousands of workers." 'Course, the EU has already proclaimed that Nokia won't be getting a dime in relocation (to Romania, supposedly) aid, but unspecified government officials are reportedly lined up to speak with suits from the handset maker later this week to "discuss the plant's future." Whether or not all this commotion will actually change any minds, however, remains to be seen.

Sprint's new CEO to slash several thousand more jobs this year?

While we wait impatiently for a WiMAX implementation in our hometown, Sprint employees have something a bit more serious on their minds: more layoffs. Though 5,000 jobs were cut from the company's 60k strong workforce last year, there's a new sheriff in town, and he seems to think that more fat can be culled from the struggling wireless company. Brand new CEO Dan Hesse purportedly is trying to show a tough face to investors, and is rumored to have "several thousand" layoffs in the works. There's also word of a move by Sprint to consolidate company headquarters to better integrate Sprint and Nextel, and it appears the future of WiMAX is still a bit uncertain, since some investors aren't entirely thrilled by the $5 billion outlay required to build the network. It's not easy being number three.

WSJ Confirms Palm layoffs amidst Rubenstein reorg

In a piece carried by the Wall Street Journal detailing the Jon Rubenstein-era shake-up at Palm, we get the first confirmation of Wednesday's layoff rumor. According to the WSJ, "Yesterday, Palm made some reassignments and staff reductions." The article does not cite specific numbers. Regardless, our hearts go out to those who received this unfortunately timed news. Given Palm's long, steady trudge towards obscurity, couldn't this have waited just a few more weeks?

Read [subscription required]

Palm laying off employees?

We haven't heard any confirmations of this just yet, but PalmInfocenter has it that a number of Palm employees have already been shown the door and asked not to come back. Citing "reliable sources," it goes on to mention that the layoffs could reach beyond North America and could affect "hundreds" of employees. 'Course, the past few months quarters haven't been the best Palm has ever seen or anything, but this would certainly make a bad year even worse if true.

Helio lays off about 100 employees, says sales are bullish

We talked to Helio today and confirmed the reports that the MVNO is laying off about a hundred people from its workforce of about 700. According to Helio, most of the employees being let go were needed during its initial launch period (remember, Helio went official early 2006); about 80 jobs in regional field sales offices were included in the cut (Helio says that's due to the fact that the bulk of their sales are coming from just a couple of offices) and about 20 jobs at HQ, which are post-launch redundancies. Given EarthLink's financial dire straits right now (and the firm's financial ties to Helio as a co-owner), we'd be worried, but Helio was quick to reassure us that sales are booming (July was their best month ever, and August is about to top July), no Helio flagship stores are closing, and the number of Helio kiosks will increase from 30 to 50 this year. Helio's bottom line: "we don't want to burn cash like some MVNOs do". Fair enough -- we're ALL looking at you, Amp'd.

[Via GigaOM]

Motorola cuts another 4,000 jobs

Recognizing that its first round of 3,500 job cuts wasn't enough to bring it back into the black, Moto has announced -- as expected -- a second round of layoffs to the tune of 4,000 axed positions. Ultimately, the company expects to save $600 million from the new cuts after they've been bunched in with "prioritization of investments, continuing discretionary-spending controls, general and administrative expenses and site rationalization" (whether any of that verbage actually means anything, we don't know, but it certainly sounds frugal). For the record, the first 3,500 cuts are apparently on track to be completed by June 30, but with newly-announced "restructuring charges" totalling $300 million, it's anybody's guess whether these moves are ultimately going to make America's only top five manufacturer profitable again.

Motorola to lay off 3,500

Could the unprecedented wave of RAZR popularity finally be drawing to a close? Probably not -- CEO Ed Zander says Moto sold more of them this past quarter than ever before -- but that isn't stopping the world's number two manufacturer from tighting the belt a notch and cleaning up shop. On account of some lackluster performance to close out '06, the company looks to drop about 3,500 folks from its payroll (a full 5 percent of its workforce) but has no plans to change its overall product strategy. In fact, perhaps due in part to the layoffs, it looks to post full-year revenues of $46 billion or more, above analyst estimates. In other words: expect more RAZRs and RAZR-alikes. As long as they follow the V6 MAXX theme, though, that may not be an entirely bad thing.




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