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. Surewest Accelerates FTTH Build in Kansas – As 1 Gbps Google Fiber Looms on Horizon
3. SureWest equips 5,000 additional homes with fiber services in Kansas
4. SureWest boosts broadband in Q2 but telecom revenue continues slide
5. The Other Kansas City to Get Google Fiber – Company to Extend 1 Gbps Across State Line

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

Posted in News
No Comments Yet Posted by Don