Qwest spokeswoman Kate Oravez confirmed on Friday Cox is leaving Qwest; his last day is Monday, Jan. 25.
Cox was a victim of what the Denver-based service provider called “organizational realignment.” And no one is replacing Cox because his position no longer exists: Qwest has compartmentalized operations. So, the individual products Cox oversaw now will be managed by the heads of their respective divisions – mass markets, business or wholesale. Qwest COO Teresa Taylor will be responsible for the IT department.
Oravez could not say how much money Qwest will save each year from the changes.
“Certainly everything we look at is productivity and efficiency,” she said.
The move doesn’t come as a shock. Qwest, like many of its incumbent brethren, continues to struggle as Americans suffer high unemployment and cut household expenses, and as they swap out landlines for wireless access. In the third quarter of 2009, Qwest did report a profit, but income dropped 6 percent to $136 million. Qwest’s sales also plunged 9.6 percent and the company was carrying $12 billion in debt. Qwest is scheduled to announce its fourth-quarter and full-year 2009 earnings results on Feb. 16.
Cox had worked for Qwest since June 2006. He started as the vice president of central-region retail enterprise sales for the business markets group.
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May 22 2018 @ 16:40:08 UTC