Monday, November 17, 2008

Not So Innocent: Virgin Mobile Shaking Off 10%

Virgin Mobile USA has announced layoffs of 45 former zygotes. They will take 10% off their employee count on both coasts in California and New Jersey. The cuts largely come from their absorbtion of the failed Mobile Virtual Network Operator (MVNO) named Helio, which was a joint venture of Earthlink and SK Telecom.

Since the layoff is largely based on a coming together of two companies, I can't say whether the economic hardships forced this. They do make an attractive phone service option for the clownsumer with their cheap pre-pay cell phone services. However, the 45 people who were let go will in turn cause reduced spending for this holiday season as they collect reduced funds under unemployment while searching for a replacement paycheck.

Virgin Mobile USA is headquartered in Warren, New Jersey.

Related:
1,200 People on a New Qwest
3,000 dropped calls
QVC: Sending People Home to Shop
Whitewashed in Toronto

No comments: