SBC Communications Inc. (NYSE: SBC) said this week it is upset that so many jobs are lost due to the fact that competitive companies are sharing its lines. "Companies that rely on reselling SBC's services do not invest in the local phone network, create local jobs or bring innovation to the local phone market," the company groused in a press release.
Those awful competitors! How dare they?!
Would SBC prefer that all of its competitors go away? Would it prefer that no one were using -- and paying for -- its lines? Can SBC throw stones because it never cuts jobs?
SBC's CEO Ed Whitacre Jr. said last week that SBC is going to cut more jobs soon, though he didn't give specific details. The company now has about 175,000 employees, 29,500 (14%) fewer folks than it employed as of December 1999, the year when dotcom startups and CLEC competitors were even thicker on the ground.
Be they telephone lines or payroll checks, SBC evidently doesn't like to share. But enough about them. Let's take a moment and review some of the most interesting hirings and firings of the last few days:
Sprint Corp. (NYSE: FON) says it needs to outsource some of its software application development and support to IBM Global Services and EDS Corp (NYSE: EDS). The five-year contract will save Sprint some $150 million, but it also puts several hundred employees out of jobs. Our sister site, Boardwatch, has the full story (see Sprint Springs Outsourcing Deals).
Tellabs Inc. (Nasdaq: TLAB; Frankfurt: BTLA) is letting its employees volunteer for another round of layoffs, which will happen early next month (see Tellabs Seeks Layoff Volunteers). CEO Michael J. Birck told the Daily Herald, a suburban Chicago newspaper, that he wasn't sure how many would be let go in the next round of cuts, but that the number would have to be "much higher than 100." Tellabs workers who take the buyout package will be out the door by October 3.
James Hamilton has left Efficient Networks Inc. (Nasdaq: EFNT) to take the helm at TippingPoint Technologies Inc., a network security company. Hamilton has held the top job at Efficient less than two years; his appointment at the Siemens subsidiary began in early 2002. Before joining Efficient Networks in 1999, Hamilton led the sales efforts of Picazo Communications, a computer telephony startup.
Lynn D. Anderson, Corvis Corp.'s (Nasdaq: CORV) CFO, is also handling CFO duties at Broadwing Inc., Corvis's service provider subsidiary, a source close to Broadwing says. A Broadwing representative couldn't comment specifically on Anderson, but the spokesperson did indicate that Broadwing CEO Mark Spagnolo has made a few changes to the management team and will share the details of the new appointments soon.
Access startup Entrisphere Inc. has shaken up its sales department, sources close to the company say. They say VP of sales Jerry Jackson has left and his duties have been absorbed by Peter Bourne, the company's VP of marketing. Entrisphere, which took care to publicize the hiring of its CEO, now is "not engaging the press in terms of revealing corporate or product issues," according to a spokesman.
That's all for now. We're always looking for some good clean dirt for the next edition of Headcount, so send your tips to [email protected]. We promise to preserve jobs by not sharing our best one-liners with competitors.