Windstream Cutting 400 Employees Companywide
Source: Arkansas Business
Windstream Holdings Inc. of Little Rock said Friday that it is cutting 400 employees companywide by March 3.
The publicly traded telecommunications firm, which reports quarterly earnings on Thursday, said the move affects 67 positions in Arkansas, including 36 in Little Rock. In all, Windstream has 13,500 employees, including about 1,300 in Arkansas.
Of the 400 positions, Windstream said 175 are being eliminated "through a voluntary separation initiative." Affected employees will get outplacement counseling, the company said.
Windstream said the cuts are neccessary to "increase operational efficiency."
Read more: http://www.arkansasbusiness.com/article/97259/windstream-cutting-400-employees-companywide
democratisphere
(17,235 posts)SolutionisSolidarity
(606 posts)I wonder how we'll have an economy without workers.
LiberalArkie
(15,727 posts)I have some friends that are still there that are hoping for the severance package. I was so happy when I got the package, I had just turned 65 and was more than ready to leave, I just could not figure out how I could afford it. I had been rode hard there for so long. I have several friends that average 30 hours overtime a week. Everyone is so tired.