The thing I find interesting is that as usual, the people that made the decisions that got Sprint into this mess in the first place are mostly still around, same board members, same executives. Only the worker bees are getting culled in these layoffs. I realize that culling the executive ranks does no good, they have such wonderful rock solid retirement packages that leaving or staying they will come out smelling like a rose. Then they will move on and screwup another company. Perhaps before Sprint cuts the separation package, the executives should give up say 40 percent of their salary and stock options. Wait what am I saying, they did make a sacrifice and give up their 600K per year free snacks. I guess it's really rough on them having to give up so much to save the company. We should feel sorry for them.
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It really is very sad. There have been three employee cuts, one every year now. Leaving the work load for those that remain. 10%, 20%, How much more can the company cut and outsource (Tier 3 support) and still function, further they are now having to hire contractors in certain divisions to pick up the work load that has fallen behind. We all know contractors get paid more than salary, however you don't have health insurance etc to pay on them. but really, what is the difference, does it come out a wash???? All this to build up the Sprint network which in some areas still doesn't work well, and now Sprint's network is going to be overloaded with traffic as other circuits that are not being upgraded are instead cut over to existing hardware due to mandatory upgrades. Does this make sense???? And do you really think cutting the budget on buying the food spread at your morning board meeting is really going to even touch the billions needed to cover the cost of tower climbers to fix and purchase gear, pay your RF engineers on contract, pay your field techs etc, and to cover the costs of all your employees who are on salary who deserved the missed bonus this year, who have worked 10 to 15 hour days to keep the sprint networks running so the management can have those meetings in Chicago, Florida, Texas and New York. I don't think so.... Cutting your work force never solves any problems, however, too many roosters in the hen house ...well we know where that can lead!
Great post dude
HQ on the west coast - yep that is cost savings for sure as everyone knows it is sooooooo cheap in CA. I had been with the company since 89 and got the boot 2/15 - be wary as most jobs will go offshoare - we will all be talking to people in India before we know it. Claure and his team should really set a precident and try giving up their salaries and perks for a year to save some fat - that is where most of the fat is 45 Million/year - he is so totally not worth it - Official sponsor of the Royals - wonder who much that bill was. Be wary people there are giving these people offshoare access to information (ss #'s for one) that they really have no business needing.
I feel pretty much the same way. While I think these ridiculous compensation packages CEO's and leadership get are bullshit, I understand it. If you can negotiate that then more power to you. However, you lose all credibility when you shit all over your rank and file employees while gambling with the company. Leadership can drive the company into the ground and when they leave get a fat severance package that will leave them never wanting in life again and free to do the same thing to another company. They have no real skin in the game. The only thing they might suffer is a small bonus.
I've been here since the 90s and survived through several CEOs and their countless bad decisions. Building of the Sprint Campus, buying Nextel, WiMax and at one point having 76k employees. Now it's all about 'the transformation'. Anyone that's been here any length of time at all is rolling their eyes, here we go again. 'Transformation' is code for cut as many employees as possible (preferably tenured ones that cost more to employ) and get this place ready to sell and/or move HQ to the west coast.
What's worse for all of us who know we're likely getting fired is the complete and utter tone deafness of top leadership. Constant emails and town halls praising the efforts in cost cutting and the rah-rah talk of getting us all behind the transformation...when you haven't even gotten through your cuts yet. Just a suggestion here, but maybe you get through your firings before all this happiness and sunshine talk?
I truly feel bad for the people who remain employed here. The company has shown their hand on how much they value their employees. I realize this isn't specific to Sprint either. It's a problem wherever you go in the corporate arena.