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Mobile & Wireless

Nextel to cut 20% of jobs at Virginia headquarters

Wednesday 7 November 2012 | 11:09 CET | News
NII Holdings, which operates mobile services under the Nextel brand in Latin America, announced that it is taking actions to realign certain resources and roles between its headquarters and market units in order to create a stronger and more agile organization, and to facilitate future growth. As part of this strategy, the company is reassigning select positions located at its headquarters to its operations in Latin America and eliminating certain positions at its corporate headquarters in Virginia (US). In total, the company will reduce its workforce at its headquarters by 20 percent. These actions are designed to increase NII's operational agility, to streamline decision-making, and to begin reducing corporate headquarters costs. The company expects to incur one-time costs in the fourth quarter of approximately USD 8 million related to the headcount reduction.

Categories: Mobile & Wireless
Companies: Sprint Nextel
Countries: Latin America / United States
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