Thread locked for age and length. Continuation thread here. 
Mod
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The end of Sprint/Nextel
I predict that most likely it would have to merge with T-Mobile for the three combined companies to survive and even then it would be a stretch.
3-29-2007 Sprint Stiffed on Big Contract
Sprint's turbulent rebuilding effort is looking more like a demolition job.
Adding to the Reston, Va., telco's list of woes Thursday was the announcement by the General Services Administration that Sprint was the only major U.S. carrier to be excluded from a massive $20 billion communications services contract.
Three phone giants -- Verizon, AT&T and Qwest -- were picked as suppliers to a five-year phone and Internet upgrade program called Networx.
This latest setback adds to a long list of missteps and stumbles by Sprint.
Under CEO Gary Forsee's leadership, Sprint has managed to squander the advantage it acquired with Nextel and its horde of loyal, high-paying customers. Sprint now has the industry's highest churn or monthly customer defection rate.
Turnover in the executive offices has also been high. Three key leaders jumped ship last year: onetime chairman and former Nextel chief Tom Donahue, strategy man Tom Kelly and operations head Len Lauer.
Meanwhile, with its eroding customer base, falling long-distance and wholesale prices and weakening business services unit, Sprint managed to turn in four consecutive quarters of disappointing financial results last year.
In January, after losing 306,000 postpaid mobile phone subscribers in the fourth quarter, the company lowered guidance and said it would fire 5,000 workers.
=================================
9-15-2006 Ford slashes 10,000 more jobs, 2 plants
==================================
The new America courtesy of the GOP and their supporters.
8-30-2006 The term "working poor" should be an oxymoron. If you work full time, you should not be poor, but more than 30 million Americans ? one in four workers ? are stuck in jobs that do not pay the basics for a decent life. "Waging a Living" chronicles the day-to-day battles of four low-wage earners fighting to lift their families out of poverty.
One in four American workers ? more than 30 million people ? are stuck in jobs that pay less than the federal poverty level for a family of four. (i)
Housing costs, to name just one of several essential living expenses, have tripled since 1979, (ii) while
real wages for male low-wage workers are actually less than they were 30 years ago. (iii)
But the new face of the working poor is overwhelmingly that of a woman struggling to support her children. Only 37 percent of single mothers receive child support, and that support averages just $1,331 per year. (iv)
Nearly a quarter of the country's children now live below the poverty line. (v)
What do these numbers mean in human terms? What is it really like to work full-time and remain poor? "Waging a Living" provides a sobering answer.
Filmed over three years, the documentary offers intimate profiles of four working Americans ? Jean Reynolds, Jerry Longoria, Barbara Brooks, and Mary Venittelli ? as they struggle to lift their families out of poverty.
===========================================
How can Republicans be proud of destroying America???
========================================================
With Walmart reporting losses instead of profit will there be enough shelf stocking jobs to take the place of all these manufacturing job losses now?
Enjoy America, this is what you wanted.
8-2-2006 Republicans slash wages of the already poor, set tipped wage to $2.13 hr
Nevada, California and Washington are among seven states where workers get to keep their tips on top of getting paid their state's full minimum wage. In other states, tip-earning workers get paid less and make up the difference with tips.
A provision in GOP-written minimum wage legislation passed by the House and under consideration this week by the Senate could change the law in those seven states ? the others are Montana, Alaska, Minnesota and Oregon. It would deal a pay cut of $3 or more an hour to thousands of waiters, bellhops and hairdressers in those states.
"Everything that has been achieved in seven states to support low-wage workers who earn tips is destroyed by this bill," said Sen. Dianne Feinstein, D-Calif.
"This bill would slash the salaries of thousands of workers."
Except for in the seven states at issue, employers of tipped employees now pay only a portion of the minimum wage ? starting at $2.13 an hour ? as long as the employees draw enough tips to make up the rest. A tipped employee is defined as one who regularly receives more than $30 per month in tips.
==============================================
I'm sure many of these low wage bottom feeders will continue to vote Republican too.
===============================================
Awwwwwww poor babies
3-31-2006 GM and Ford saw their sales decline through the past year in the face of plunging demand for traditional truck-based SUVs, their one-time cash cows, as gasoline prices soared.
More of the Republican Brainwashing machine working to a T.
10-24-2005 Are Skimpy Raises the New Normal?
After five years as a LAN specialist at Albany International Corp. in Albany, N.Y., a $1 billion maker of manufacturing products for the paper industry, Stephen Noisseau found himself with a 4.1% raise in 2005. Last year's raise wasn't any better. Did he complain? Grumble over his coffee? Stage a coup d'etat with other IT staffers? Nope. He looked at the situation philosophically.
"I guess that's the way the cookie crumbles," Noisseau says. "I'll take 4% over nothing. We're getting basically cost-of-living raises."
Where's the anger? The passion? The boiling point that IT employees were so close to reaching in 2004 when salaries then rose just 3%?
Perhaps repetition breeds resignation.
Again according to the Republicans, this is a good thing
7-27-2005 USA to Pass Science Crown to China
Not only is the U.S. losing ground in high technology exports, but its very capacity to develop new technologies is declining rapidly with respect to the rest of the world.
China is graduating huge numbers of scientists and engineers.
From 1993 to 2003, China more than doubled its competitiveness by measures of Georgia Tech?s Technology Policy and Assessment Center. Since 1999, China has particularly excelled in two input indicators to the measure - its production of scientists and engineers and its capacity to manufacture technology-based products.
Bahahahaha, been hearing all week about how great they were expecting numbers to be and that Employers were hiring like mad, turns out to be completely false as usual.
6-3-2005 Payrolls Grow by Just 78,000 in May
WASHINGTON - Employers throttled back hiring in May, boosting jobs by just 78,000, the government reported Friday.
The most sluggish pace of payroll expansion in nearly two years dramatized the erratic behavior of the nation's job market.
The generally lackluster performance surprised economists.
Before the report was released, they were predicting jobs to grow by around 175,000 and the jobless rate to hold steady at 5.2 percent.
The employment report often can offer seemingly conflicting pictures of what is happening in the labor market because figures are based on two separate statistical surveys.
The unemployment rate is calculated on the basis of a survey of 60,000 households, sort of a poll of the jobs market. That survey showed that 376,000 people said they found employment last month, outpacing the number of people who couldn't find work.
But economists tend to give more credence to a much broader survey of business payrolls, one which examines 400,000 work sites.
================================================
Also here is admission that the way they calculate the numbers is completely unscientific. Exactly what I expect from the Republican Regime.
Keep driving Salaries lower :laugh:
5-31-2005 School Districts Face Bus Driver Shortage Because of Low Pay, High Responsibility
RICHMOND, Va. - Wanted: Drivers to transport dozens of often-unruly students to school on a 38-foot bus through congested suburban traffic.
Requirements: Extensive training, criminal background checks and physical exams. Sincere affection for young people is strongly preferred, even when they're misbehaving.
Starting salary: $13,920.
Henrico County has 24 full-time bus drivers, plus 20 supervisors and others pulled in to cover routes, transportation supervisor Harold Grimes said. The average driver turnover is between 10 percent and 13 percent a year; there are now 23 driver vacancies.
Grimes said that besides balking at the starting salary of $13,920, or $10.69 an hour
"They're in charge with those children," Grimes said. "Plus it's hard to watch for the traffic. When it's added together, people say, 'Whoa, why am I trying to do this?'"
========================================================
Here's what College degree gets you these days,
begging on the streets:
5-25-2005 New Tulane graduate goes begging for local job
"I am from Destrehan, and I'd really love to stay in the city to find work," said McCloskey, who interned at both the Peter Mayer and the Trumpet advertising agencies. "A lot of my friends are leaving for Atlanta and New York to find work because there just doesn't seem to be that many openings here in New Orleans."
Joanne Hands, a career counselor at Tulane, isn't surprised to hear about McCloskey's plight. She said the staff has seen many local graduates struggle to find placement in the city.
McCloskey donned his best pair of dress pants, a suit jacket and a tie and began standing at the corner of Poydras Street and Claiborne Avenue and holding a plain white poster-board sign:
"Tulane Comm Graduate Needs Job."
"I like your style, kid!" shouted a driver who slowed down and handed McCloskey a $1 bill.
McCloskey isn't ready to resort to panhandling for cash, however. He gave the dollar from the passing driver to a homeless man who sat with his own sign a few feet away.
The communications major said he tried job-hunting the old-fashioned way. He scoured the classifieds. He mass-mailed his résumé. He asked friends for referrals. But his efforts yielded no serious leads. The sign, he said, was his way of taking matters literally into his own hands.
The morning rush hour produced plenty of encouragement, an interview with a local TV station and at least one legitimate lead.
"Try the Audubon Nature Institute!" one young driver yelled out as she drove past. "They're hiring!"
Embattled Iowa based Maytag to go Private to get away from Stock Market scrutiny.
This way they can get rid of all 18,000 American employees and send operations to China.
5-20-2005 Maytag Agrees to Go Private in $1.13B Deal
DES MOINES, Iowa - Maytag Corp. has agreed to be bought by a group of investors that would take the well-known appliance maker private, hoping to fix its myriad woes away from Wall Street's sharp scrutiny.
Analyst David MacGregor of Cleveland-based Longbow Research said a privatization may help the new owners accomplish their goals of using Maytag as a platform to build a lower-cost global enterprise.
"Any plans that we had talked about before, we're going to continue to look at them and explore them and work our strategy," he said. "We're going to still look at our costs, we're still going to look at our manufacturing footprint."
Maytag employs about 18,000 people.
Smallest rise in Wages in past 6 years touted as good News by Republicans
Headline is also deception, of course incomes went up, 1st quarter is when people see the meager raise they got. :| :thumbsdown:
4-29-2005 Incomes Grow at Fastest Pace in 3 Months
The 0.7 percent increase in the Employment Cost Index represented the smallest rise for wages and benefits in six years and was likely to ease concerns that inflation pressures are mounting.
4-7-05 Of course the 19,000 dip in claims or the paltry 110,000 jobs added last I'm sure makes up for the 263,952 lost in January according to Republican math.
========================================================
The formatting of the last Economy thread has become unreadable so starting anew for the new year.
Speaking of new, more than half of U.S. employees are slated to look for new jobs (normally only a 10% turnover) because of lousy pay increases and Employer mistreatment (especially in regards to Health).
1-4-2005 Economy spurs some to seek new jobs
The new year is expected to usher in a flurry of job hopping as employees frustrated by years of incremental raises and scarce advancement opportunities begin shopping for new employers.
Nearly half of U.S. companies face an employee exodus as the economy improves, according to a survey by Novations Selection, Development and Communication, a performance improvement firm. Typically, fewer than 10% of employers would expect such turnover.
And 38% of human resource professionals surveyed say they have noticed an increase in turnover since the beginning of 2004, according to the Society for Human Resource Management and CareerJournal.com. Why such job hopping is expected:
Dissatisfaction with pay. Job-hopping employees are looking for more money: For the fourth-consecutive year, raises will be below 4% Average weekly earnings rose barely 2% in the 12 months ended in November - less than the 3.5% increase in the consumer price index over the same period, according to the Bureau of Labor Statistics.
(How can that be??? The experts in P&N swear that wage increases have been huge, they have been bragging about awesome salary increases all the time)
"In 2005, companies that don't take care of their employees are going to see people leave," says Marc Lewis, North American president of Morgan Howard Worldwide, an executive search firm.
=========================================================
Good, the ton of SOB Corp Execs that have treated employees like this deserve whatever ilk comes their way.
Mod
---
The end of Sprint/Nextel
I predict that most likely it would have to merge with T-Mobile for the three combined companies to survive and even then it would be a stretch.
3-29-2007 Sprint Stiffed on Big Contract
Sprint's turbulent rebuilding effort is looking more like a demolition job.
Adding to the Reston, Va., telco's list of woes Thursday was the announcement by the General Services Administration that Sprint was the only major U.S. carrier to be excluded from a massive $20 billion communications services contract.
Three phone giants -- Verizon, AT&T and Qwest -- were picked as suppliers to a five-year phone and Internet upgrade program called Networx.
This latest setback adds to a long list of missteps and stumbles by Sprint.
Under CEO Gary Forsee's leadership, Sprint has managed to squander the advantage it acquired with Nextel and its horde of loyal, high-paying customers. Sprint now has the industry's highest churn or monthly customer defection rate.
Turnover in the executive offices has also been high. Three key leaders jumped ship last year: onetime chairman and former Nextel chief Tom Donahue, strategy man Tom Kelly and operations head Len Lauer.
Meanwhile, with its eroding customer base, falling long-distance and wholesale prices and weakening business services unit, Sprint managed to turn in four consecutive quarters of disappointing financial results last year.
In January, after losing 306,000 postpaid mobile phone subscribers in the fourth quarter, the company lowered guidance and said it would fire 5,000 workers.
=================================
9-15-2006 Ford slashes 10,000 more jobs, 2 plants
==================================
The new America courtesy of the GOP and their supporters.
8-30-2006 The term "working poor" should be an oxymoron. If you work full time, you should not be poor, but more than 30 million Americans ? one in four workers ? are stuck in jobs that do not pay the basics for a decent life. "Waging a Living" chronicles the day-to-day battles of four low-wage earners fighting to lift their families out of poverty.
One in four American workers ? more than 30 million people ? are stuck in jobs that pay less than the federal poverty level for a family of four. (i)
Housing costs, to name just one of several essential living expenses, have tripled since 1979, (ii) while
real wages for male low-wage workers are actually less than they were 30 years ago. (iii)
But the new face of the working poor is overwhelmingly that of a woman struggling to support her children. Only 37 percent of single mothers receive child support, and that support averages just $1,331 per year. (iv)
Nearly a quarter of the country's children now live below the poverty line. (v)
What do these numbers mean in human terms? What is it really like to work full-time and remain poor? "Waging a Living" provides a sobering answer.
Filmed over three years, the documentary offers intimate profiles of four working Americans ? Jean Reynolds, Jerry Longoria, Barbara Brooks, and Mary Venittelli ? as they struggle to lift their families out of poverty.
===========================================
How can Republicans be proud of destroying America???
========================================================
With Walmart reporting losses instead of profit will there be enough shelf stocking jobs to take the place of all these manufacturing job losses now?
Enjoy America, this is what you wanted.
8-2-2006 Republicans slash wages of the already poor, set tipped wage to $2.13 hr
Nevada, California and Washington are among seven states where workers get to keep their tips on top of getting paid their state's full minimum wage. In other states, tip-earning workers get paid less and make up the difference with tips.
A provision in GOP-written minimum wage legislation passed by the House and under consideration this week by the Senate could change the law in those seven states ? the others are Montana, Alaska, Minnesota and Oregon. It would deal a pay cut of $3 or more an hour to thousands of waiters, bellhops and hairdressers in those states.
"Everything that has been achieved in seven states to support low-wage workers who earn tips is destroyed by this bill," said Sen. Dianne Feinstein, D-Calif.
"This bill would slash the salaries of thousands of workers."
Except for in the seven states at issue, employers of tipped employees now pay only a portion of the minimum wage ? starting at $2.13 an hour ? as long as the employees draw enough tips to make up the rest. A tipped employee is defined as one who regularly receives more than $30 per month in tips.
==============================================
I'm sure many of these low wage bottom feeders will continue to vote Republican too.
===============================================
Awwwwwww poor babies
3-31-2006 GM and Ford saw their sales decline through the past year in the face of plunging demand for traditional truck-based SUVs, their one-time cash cows, as gasoline prices soared.
More of the Republican Brainwashing machine working to a T.
10-24-2005 Are Skimpy Raises the New Normal?
After five years as a LAN specialist at Albany International Corp. in Albany, N.Y., a $1 billion maker of manufacturing products for the paper industry, Stephen Noisseau found himself with a 4.1% raise in 2005. Last year's raise wasn't any better. Did he complain? Grumble over his coffee? Stage a coup d'etat with other IT staffers? Nope. He looked at the situation philosophically.
"I guess that's the way the cookie crumbles," Noisseau says. "I'll take 4% over nothing. We're getting basically cost-of-living raises."
Where's the anger? The passion? The boiling point that IT employees were so close to reaching in 2004 when salaries then rose just 3%?
Perhaps repetition breeds resignation.
Again according to the Republicans, this is a good thing
7-27-2005 USA to Pass Science Crown to China
Not only is the U.S. losing ground in high technology exports, but its very capacity to develop new technologies is declining rapidly with respect to the rest of the world.
China is graduating huge numbers of scientists and engineers.
From 1993 to 2003, China more than doubled its competitiveness by measures of Georgia Tech?s Technology Policy and Assessment Center. Since 1999, China has particularly excelled in two input indicators to the measure - its production of scientists and engineers and its capacity to manufacture technology-based products.
Bahahahaha, been hearing all week about how great they were expecting numbers to be and that Employers were hiring like mad, turns out to be completely false as usual.
6-3-2005 Payrolls Grow by Just 78,000 in May
WASHINGTON - Employers throttled back hiring in May, boosting jobs by just 78,000, the government reported Friday.
The most sluggish pace of payroll expansion in nearly two years dramatized the erratic behavior of the nation's job market.
The generally lackluster performance surprised economists.
Before the report was released, they were predicting jobs to grow by around 175,000 and the jobless rate to hold steady at 5.2 percent.
The employment report often can offer seemingly conflicting pictures of what is happening in the labor market because figures are based on two separate statistical surveys.
The unemployment rate is calculated on the basis of a survey of 60,000 households, sort of a poll of the jobs market. That survey showed that 376,000 people said they found employment last month, outpacing the number of people who couldn't find work.
But economists tend to give more credence to a much broader survey of business payrolls, one which examines 400,000 work sites.
================================================
Also here is admission that the way they calculate the numbers is completely unscientific. Exactly what I expect from the Republican Regime.
Keep driving Salaries lower :laugh:
5-31-2005 School Districts Face Bus Driver Shortage Because of Low Pay, High Responsibility
RICHMOND, Va. - Wanted: Drivers to transport dozens of often-unruly students to school on a 38-foot bus through congested suburban traffic.
Requirements: Extensive training, criminal background checks and physical exams. Sincere affection for young people is strongly preferred, even when they're misbehaving.
Starting salary: $13,920.
Henrico County has 24 full-time bus drivers, plus 20 supervisors and others pulled in to cover routes, transportation supervisor Harold Grimes said. The average driver turnover is between 10 percent and 13 percent a year; there are now 23 driver vacancies.
Grimes said that besides balking at the starting salary of $13,920, or $10.69 an hour
"They're in charge with those children," Grimes said. "Plus it's hard to watch for the traffic. When it's added together, people say, 'Whoa, why am I trying to do this?'"
========================================================
Here's what College degree gets you these days,
begging on the streets:
5-25-2005 New Tulane graduate goes begging for local job
"I am from Destrehan, and I'd really love to stay in the city to find work," said McCloskey, who interned at both the Peter Mayer and the Trumpet advertising agencies. "A lot of my friends are leaving for Atlanta and New York to find work because there just doesn't seem to be that many openings here in New Orleans."
Joanne Hands, a career counselor at Tulane, isn't surprised to hear about McCloskey's plight. She said the staff has seen many local graduates struggle to find placement in the city.
McCloskey donned his best pair of dress pants, a suit jacket and a tie and began standing at the corner of Poydras Street and Claiborne Avenue and holding a plain white poster-board sign:
"Tulane Comm Graduate Needs Job."
"I like your style, kid!" shouted a driver who slowed down and handed McCloskey a $1 bill.
McCloskey isn't ready to resort to panhandling for cash, however. He gave the dollar from the passing driver to a homeless man who sat with his own sign a few feet away.
The communications major said he tried job-hunting the old-fashioned way. He scoured the classifieds. He mass-mailed his résumé. He asked friends for referrals. But his efforts yielded no serious leads. The sign, he said, was his way of taking matters literally into his own hands.
The morning rush hour produced plenty of encouragement, an interview with a local TV station and at least one legitimate lead.
"Try the Audubon Nature Institute!" one young driver yelled out as she drove past. "They're hiring!"
Embattled Iowa based Maytag to go Private to get away from Stock Market scrutiny.
This way they can get rid of all 18,000 American employees and send operations to China.
5-20-2005 Maytag Agrees to Go Private in $1.13B Deal
DES MOINES, Iowa - Maytag Corp. has agreed to be bought by a group of investors that would take the well-known appliance maker private, hoping to fix its myriad woes away from Wall Street's sharp scrutiny.
Analyst David MacGregor of Cleveland-based Longbow Research said a privatization may help the new owners accomplish their goals of using Maytag as a platform to build a lower-cost global enterprise.
"Any plans that we had talked about before, we're going to continue to look at them and explore them and work our strategy," he said. "We're going to still look at our costs, we're still going to look at our manufacturing footprint."
Maytag employs about 18,000 people.
Smallest rise in Wages in past 6 years touted as good News by Republicans
Headline is also deception, of course incomes went up, 1st quarter is when people see the meager raise they got.
:| :thumbsdown:4-29-2005 Incomes Grow at Fastest Pace in 3 Months
The 0.7 percent increase in the Employment Cost Index represented the smallest rise for wages and benefits in six years and was likely to ease concerns that inflation pressures are mounting.
4-7-05 Of course the 19,000 dip in claims or the paltry 110,000 jobs added last I'm sure makes up for the 263,952 lost in January according to Republican math.
========================================================
The formatting of the last Economy thread has become unreadable so starting anew for the new year.
Speaking of new, more than half of U.S. employees are slated to look for new jobs (normally only a 10% turnover) because of lousy pay increases and Employer mistreatment (especially in regards to Health).
1-4-2005 Economy spurs some to seek new jobs
The new year is expected to usher in a flurry of job hopping as employees frustrated by years of incremental raises and scarce advancement opportunities begin shopping for new employers.
Nearly half of U.S. companies face an employee exodus as the economy improves, according to a survey by Novations Selection, Development and Communication, a performance improvement firm. Typically, fewer than 10% of employers would expect such turnover.
And 38% of human resource professionals surveyed say they have noticed an increase in turnover since the beginning of 2004, according to the Society for Human Resource Management and CareerJournal.com. Why such job hopping is expected:
Dissatisfaction with pay. Job-hopping employees are looking for more money: For the fourth-consecutive year, raises will be below 4% Average weekly earnings rose barely 2% in the 12 months ended in November - less than the 3.5% increase in the consumer price index over the same period, according to the Bureau of Labor Statistics.
(How can that be??? The experts in P&N swear that wage increases have been huge, they have been bragging about awesome salary increases all the time)
"In 2005, companies that don't take care of their employees are going to see people leave," says Marc Lewis, North American president of Morgan Howard Worldwide, an executive search firm.
=========================================================
Good, the ton of SOB Corp Execs that have treated employees like this deserve whatever ilk comes their way.
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