Alltel Will Eliminate Jobs
By: Import User
Updated: January 7, 2009
Little Rock-based Alltel Corporation says it
will eliminate as many as 600 positions as it puts in place a plan
to change its organizational structure.
The elimination of between 400 and 600 positions will come
within the regional and corporate levels, and Alltel said its
structural changes will be in place late next month.
The company made the announcement as it released its
fourth-quarter earnings, which met analysts` expectations of 77
cents per share, a four percent increase from the year before.
Alltel did NOT say how many of the cuts will result in employees
being laid off. The reorganization will consolidate some oversight
of wireless and wireline segments, officials said.
