Windstream to cut 146 jobs in Iowa
10/8/2010 10:10:46 AM
Associated Press
NEWTON, Iowa — Windstream Corp. officials say they will cut 146 jobs in the city of Newton in central Iowa.
The telephone landline provider said in a statement Thursday that the cuts are part of its restructuring in Iowa and Minnesota. In June, the company complete its acquisition of Iowa Telecommunications Services Inc., a transaction valued at $1.2 billion. Overall the company will eliminate 220 jobs.
Windstream officials say most of the positions will be cut by the end of the year and the rest during early 2011. Positions to be eliminated include those in network operations, information technology and finance.
The company says employees who lose their jobs can apply for other open Windstream positions. Windstream also said it would provide severance and outplacement services to eligible workers.
NEWTON, Iowa — Windstream Corp. officials say they will cut 146 jobs in the city of Newton in central Iowa.
The telephone landline provider said in a statement Thursday that the cuts are part of its restructuring in Iowa and Minnesota. In June, the company complete its acquisition of Iowa Telecommunications Services Inc., a transaction valued at $1.2 billion. Overall the company will eliminate 220 jobs.
Windstream officials say most of the positions will be cut by the end of the year and the rest during early 2011. Positions to be eliminated include those in network operations, information technology and finance.
The company says employees who lose their jobs can apply for other open Windstream positions. Windstream also said it would provide severance and outplacement services to eligible workers.
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