Friday, April 18, 2008

Virgin Mobile USA Rumored to be Cutting 100Jobs

In more bad news for the prepaid business Virgin Mobile USA is rumored to be considering cutting roughly 100 of it's 400 total personnel. The 1/4 of total work force reduction is mostly due to poor performance in it's last few quarters and a shift in the companies strategies to outsource more of it's operations to outside parties.

Virgin is still denying that any final decision has been made and is continuing to review it's overall business strategy.

You can read the full article here

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