Virginia-based Shenandoah Telecommunications Company, also known as Shentel, is laying off hundreds of employees as part of an organizational restructuring plan. About 340 employees across Shentel’s six-state service area will be laid off. The company expects to close a pending sale of its wireless assets to T-Mobile during the early third quarter of this year. According to a press release from the company, Shentel will have approximately 860 employees following the restructuring to supports its broadband and tower segments. The press release says in addition to the workforce reduction, Shentel will incur certain termination expenses, with approximately $1.7 million related to continuing operations and approximately $4.5 million related to discounted operations.
Hiring? Create your free Drafted account
Create you free account to join companies like Better.com and Karat who use Drafted to power their referral hiring.
The Layoff List was created in 2019 and is free for the community. Tips reported are left anonymous unless they explicitly ask to be included as a source. We verify a majority of tips and include independent sources, but for tips that we are unable to verify we separately categorize them as unverified reports to avoid misrepresentations.