Telecom suffers and shrinks

| Print |  Email
Monday, December 01, 2008

PORTLAND The loss of 100 Oregon jobs from Denver-based Qwest, part of 1,200 jobs the telecom company said it would cut nationwide by year’s end, is another blow to an already shrinking job sector in Oregon.

The state reports that 300 telecom jobs have been lost this year, or 3.4% of that sector’s workforce. That figure includes 10 jobs cut by Metro One Telecommunications earlier this year.

The loss of telecom jobs doesn’t surprise Oregon state employment economist Art Ayre. In 2001 telecom jobs in the state peaked at 11,000, but since then have steadily declined to 8,500 in September of this year as new technologies enter the industry and providers become more labor efficient.

Ayre projects telecom jobs will grow at one-third the pace of overall job growth in the state through 2016 in part because wireless technology is less labor intensive than  maintaining landlines. Telecom employment nationwide is expected to grow at half the pace of all other industries. “When we look at the trends, we are expecting it to be a very weak sector in the state,” Ayre says.

Conventional land-line accounts are a significant part of Qwest’s revenue, but the number of those phone lines the company manages has dropped by almost 10% since this time last year as customers increasingly prefer wireless technology, says company spokeswoman Diane Reberger.

Qwest reported $3.4 billion in third-quarter revenue, a 1.6% decline from the same period last year. Profits nose-dived from the same period last year from $2.1 billion to $151 million, according to the company’s most recent Securities and Exchange Commission filing. Revenue from voice services, the business segment landlines fall under, is down nearly 9%.

In response to changing customer demand, the company is ramping up its high-speed Internet services to compete with cable providers, says Reberger. She declined to say how and when the lost jobs might return to the state.

The Oregon job cuts will be spread throughout all operations of the business and be completed by the end of the year, with about 50 coming from Portland.                 

JASON SHUFFLER


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

More Articles

On the Road

April 2015
Friday, March 27, 2015
BY LINDA BAKER

My daughter turned 18 last week, and for her birthday I got her a Car2Go membership. Not to label myself a disruptor or anything, but it felt like a groundbreaking moment. The two of us, mother and child, were participating in a new teen rite of passage: Instead of handing over the car keys, I handed over a car-sharing card — with the caveat that she not use the gift as her own personal car service.


Read more...

Courtside

April 2015
Thursday, March 26, 2015
BY JACOB PALMER

Power lunching at the Court Street Dairy Lunch in Salem.


Read more...

It's a Man's Man's Man's World

May 2015
Friday, April 24, 2015
BY AMY MILSHTEIN

Male tech workers speak out on the industry's gender troubles.


Read more...

Beyond Bodegas

April 2015
Friday, March 27, 2015
BY JACOB PALMER

Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development. 


Read more...

Make the Case

May 2015
Monday, April 27, 2015

10 briefcases that mean business.


Read more...

6 things to know about the Amtrak Cascades route

The Latest
Friday, May 22, 2015
thumb3BY JACOB PALMER | DIGITAL NEWS EDITOR

The recent tragedy in Philadelphia has called attention to Amtrak and the nation's woefully underfunded rail service. Here are six facts about the Amtrak Cascades corridor between Eugene and Vancouver B.C. 


Read more...

Power Players

April 2015
Friday, March 27, 2015
BY ROBERT MULLIN

A new energy-sharing agreement sparks concerns about independence and collaboration in the region's utility industry.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS