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Sprint Nextel announces headquarters will leave Reston
Sprint Nextel announced today what has been rumored for weeks; that Reston's corporate headquarters, employing 4,400, will be merged with its operational headquarters in Overland Park, Kansas.
A release from the company states only a small number of executives will be relocated to Kansas, although CEO Dan Hesse said the company “will retain a very significant employee presence in Reston.”
Hesse added that the move is being made to create a “single, performance-based company.”
A Reston employee told the Times in January that the company has struggled with merging the two cultures since Sprint and Nextel merged in 2005.
“The main feeling from legacy Nextel people is that all decisions have been made by legacy Sprint without consideration for the future. They have a history of putting band aids on problems where Nextel would fix issues at the core,” she said.
The company announced on Jan. 18 that it would layoff 4,000 employees, after fourth-quarter results showed a net loss of 683,000 post-paid subscribers and 202,000 traditional pre-paid subscribers.
Gerald Gordon, president and CEO of the Fairfax County Economic Development Authority said in an email that the company's intention to keep jobs in Reston is a smart one.
“We are sorry to lose the headquarters operation, but it is important that the company is going to keep the vast majority of its jobs here because this is where it can find the kind of workforce it needs,” he said.
I think that comment from an "employee" from Reston pretty much explains the necessity of consolidating the headquarters...he/she seems to be part of the problem by pointing the finger and creating a divide. Notice the usage of the word "they" in the comment as well. There is no place for an us/them mentality given the current state of the company.
To add to the comment about fixing a problem at the core..given where the struggles for Sprint Nextel have come from, fixing the problem should have started with Sprint delaying the buyout of Nextel for a year to allow them to either A) have gone bankrupt or B) devalued to at least 1/2 of what they paid in 2005.
Anyone outside of Nextel who was not blinded by cooperate rhetoric knows Nextel created most of the issues being faced today before Sprint acquired them. Denial ain't just a river in Egypt.
Posted by jamull77
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