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Sprint gearing up to lay off workers

By Associated Press

POSTED:
LAST UPDATED: 01:11 a.m. HST, Jan 24, 2014



OVERLAND PARK, Kan. >> Wireless carrier Sprint will lay off an undetermined number of its workers as part of a cost-cutting program announced Thursday.

A regulatory filing says the Overland Park, Kan.-based company began drawing up layoff plans last week. A Sprint spokesman says the company's managers are still reviewing how many jobs they will need to cut.

More details could emerge when Sprint Corp. reports its fourth-quarter earnings on Feb. 11.

The purge is expected to be completed by the end of June.

About 39,000 people work at Sprint, the third-largest U.S. wireless carrier.

The cutbacks may be substantial, based on how much Sprint is preparing to pay in severance and other benefits.

Sprint expects to absorb a $165 million hit in the fourth quarter and may take more charges in the future.







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Skyler wrote:
You would have kept a few more customers had you not lied to get them in the first place. Instead of carrots to ease the drop from Nextel, you chose to use the stick. Now you're stuck, Sprint. Cry me a river & get over it.
on January 24,2014 | 01:31AM
hikine wrote:
And I was wondering how Sprint was to acquire TMobile when they didn't have the financial means.
on January 24,2014 | 01:40AM
droid wrote:
Such a thinly veiled plot, eh? It’s so obvious that Sprint needs to make drastic cuts to make up for the money they spent to buy Clearwire, and now T-mobile?! This is a classic case of shipping jobs overseas. T-mobile is the sole wireless carrier that is NOT an American company!
on January 24,2014 | 04:26AM
beachbum11 wrote:
And AT&T and Verizon are not American co.
on January 24,2014 | 12:03PM
kgolfinghawaii wrote:
They certainly ruined the Nextel product we used to use.
on January 24,2014 | 03:09AM
soundofreason wrote:
and were recently rated the worst carrier overall.
on January 24,2014 | 06:28AM
HanabataDays wrote:
I love how the headline says "gearing up" to lay off workers. Usually when you "gear up" it's for increasing production or hiring new workers. I guess "gearing up" nowadays means hiring extra security guards to make sure the victims are escorted off the property within 15 minutes.
on January 24,2014 | 03:09AM
awahana wrote:
Hopefully, they are gearing up to unload Dan Hesse, in these layoffs as well.
That would result in the biggest cost cutting of all. $12 million, to be exact.
on January 24,2014 | 06:25AM
HD36 wrote:
The phony recovery is falling apart because there really was no recovery.
on January 24,2014 | 07:08AM
nodaddynotthebelt wrote:
Sprint has been notorious for bad customer service and bad billing practices. Now, they are getting the results of their behavior.
on January 24,2014 | 10:15AM
residenttaxpayer wrote:
There still is no 4g lte coverage in Hawaii....all the other major carriers such as Verizon, AT&T and TMobile have.....
on January 24,2014 | 10:54AM
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