Internet-Phone-Service Provider Drops a Fourth of Its Staff
106255
SunRocket, an Internet-phone-service provider in Vienna, laid off about a quarter of its workforce -- about 30 employees -- on Friday in an effort to reduce expenses as its subscriber growth shows signs of tapering off.
576973
US firms cut back on the total number of staff employed for the first time in four years, official data shows.
114406
Company also will slash value of its assets by $11.4 billion. Moves are prompted by plan to retreat from traditional consumer telephone business.
26330
Newly-merged telecoms firm Alcatel-Lucent is to cut 12,500 jobs in three years as profits are halved.
543991
Motorola Inc. said Wednesday it would lay off 4,000 more workers as the Illinois-based company works to improve its financials.
746471
US firmss have cut back on the total number of staff employed for the first time in four years, official data shows.
642860
Thousands of SunRocket subscribers found their phone lines disconnected this week after the start-up Internet-phone service provider abruptly shut its doors Monday.
2894
Media & professional: Options likely to prove unpalatable for staff, with redundancies running into four figures.
141425
AT&amp;T Corp. announced Thursday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan to retreat from the traditional consumer telephone business.
81147
Blog: Internet service provider says it will lay off about half its staff in an effort to boost profits and raise its share price.
344176
US mobile firm Cingular is laying off 7,000 people, or ten per cent of its workforce, as part of its integration of AT&amp;T&#39;s wireless unit.
290416
Sprint Nextel is laying off about 4000 employees and closing retail outlets after losing more than 100,000 customers in the last quarter.
225721
The job cuts are a part of the company&#39;s efforts to shift its focus to business services and cut costs amid the competitive long-distance telephone services market.
32051
Layoffs signal a major setback in the company's effort to break free of its dying dial-up business and become an Internet player.
705815
The phone company reported a fourth-quarter loss of $11.1 million as it scaled back on marketing and cut other costs.
484772
EarthLink Inc  said on Tuesday it will cut about 900 jobs, or nearly half its staff, as part of a restructuring to reduce costs at the Internet service provider.
371765
Motorola will cut an additional 4,000 jobs as the mobile phone maker tries to cope with tough global competition.