Qwest CEO changes the rules

 

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Now that the Qwest-US West merger is a done deal, Qwest CEO Joe Nacchio has outlined his plans for US West, which include new employee incentives and the elimination of more than 11,000 jobs. "US West did a lot of things because they could afford them. There's been a lot of pruning and a lot of refocusing." - Qwest CEO Joe Nacchio

Qwest CEO outlines plans for former US West Joe Nacchio outlines a strategy that makes it painfully clear that the US West culture he has been critical of will die a quick death. Qwest to cut 11,000 jobs in merger aftermath update Qwest Communications International will lay off 11,000 employees during the next 16 months and announced its revenue is likely to be higher than expected. Qwest chief lets Next Level live Qwest Communications International CEO Joe Nacchio doesn't sign a death certificate for Next Level Communications after all. previous coverage Qwest joins streamlining trend with layoffs roundup The company joins SCO, Shockwave, Novell, and other technology companies and dot-coms that are slimming down in an attempt to cut costs and show profits. Qwest's indecision hammers Next Level stock update The high-speed Internet equipment provider slumps on Wall Street, where the company's stock lost more than half its value amid concerns about the commitment of a major customer. Qwest to cut 2,000 to 4,000 jobs by year's end Qwest Communications will cut 2,000 to 4,000 jobs throughout its 14-state region by the end of the year, according to reports.