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Article: Virgin Mobile USA Identifies Additional Synergies and Related Cost Savings.
- Article from:
- PR Newswire
- Article date:
- November 17, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WARREN, N.J., Nov. 17 /PRNewswire-FirstCall/ -- Leading wireless services provider Virgin Mobile USA announced today that it is eliminating approximately 45 positions in its New Jersey and California offices, which represents approximately 10% of its workforce.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070613/VIRGINMOBILE)
In a memo to employees today, Virgin Mobile USA Chief Executive Officer Dan Schulman explained that the Company had identified continued synergies associated with the transition of IT services to IBM and the acquisition of Helio.
"We have assessed the status of the Company post-integration and have identified some ...