A tipster writes in to note that “I heard through the grapevine that Surewest in CA is laying off 7 % of their staff.” An announcement to the company’s website would certainly appear to confirm that news, the company announcing that they’re launching a “restructuring initiative” aimed at reducing the company’s workforce by approximately 60 positions. According to the company, that includes seven open/unfilled positions, 45 workers in its Sacramento market and eight workers in the Kansas City region. “As a result of today’s announcement, the company anticipates compensation-related cash savings of approximately $1.0 million in 2010, reaching an estimated annual cash savings rate of at least $5.0 million by 2011,” says the company.

read comment(s)

Related posts:

1. SureWest tightens its workforce belt
2. Frontier layoffs in Fort Wayne, Ind. will cause customer disruption, argue unions
3. AT&T to increase Connecticut U-verse workforce
4. SureWest Sold to Consolidated Communications – $340 Million Deal For 145,700 Customers
5. Telecom Italia, labor unions hammer out workforce reduction agreement

Tags: announcement, cash, company, grapevine, Kansas City, kansas city region, Sacramento, SureWest, tipster, unfilled positions

Posted in News
No Comments Yet Posted by Don