Sprint to cut 2,000 to 2,500 jobs

Sprint to cut 2,000 to 2,500 jobs

Summary: Sprint Nextel said it will cut 2,000 to 2,500 positions in the fourth quarter in an effort to save $350 million.

SHARE:

Sprint Nextel said it will cut 2,000 to 2,500 positions in the fourth quarter in an effort to save $350 million.

The cuts will be completed by Dec. 31.

According to a statement, Sprint will cut jobs across the company, including its wholesale unit and contractors. The company said the cuts won't impact customer service, something the Sprint has been trying to improve. Nevertheless, Sprint said call volume has decreased so it has discontinued 27 call centers.

Sprint will take a fourth quarter charge of $60 million to $80 million. The layoff news comes as Sprint will reportedly sink another $1 billion into Clearwire.

Also: Sprint loses money, more subscribers in third quarter

Topics: Enterprise Software, CXO, Software, Telcos, IT Employment

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

4 comments
Log in or register to join the discussion
  • Wow the recovery with Oboma is working great!

    Yes, Oboma was preaching the other day how great
    he was and how he 'saved' the economy!

    Everyday thousands of jobs are history I guess
    he is holding out on the 5 MILLION jobs.

    I wonder if the $7,000,000,000,000 TRILLION
    has some more pay outs for his wall-street
    pals.

    Since his entire cabinet is from Wall-Street
    he will make sure they sit pretty.
    use_linux
    • His name is spelled, Obama.

      Sprint's decision has nothing to do with Obama. It's all about Sprint
      customer base shrinking then Sprint trying to cut costs.

      Stay on topic focus on the article, not your agenda.
      BubbaJones_
      • re: people make their own rules

        Since abortion is legal and people say
        it is their choice then I say it is my
        choice his name is Barry Sorento...

        or Oboma
        Use_More_OIL_NOW
  • RE: Sprint to cut 2,000 to 2,500 jobs

    Truthfully excellent but in addition logical. Focused on a lot [url=http://www.nfl-master.com/]patriot jerseys[/url] more the same [url=http://www.nfl-master.com/]patriots jerseys[/url] as writeups!! Does one have got a tagged? [url=http://www.nfl-master.com/]new england patriots jerseys[/url]
    makrejktt2201-24353662080873395391113538372983