Sunday October 05, 2014

Sprint Announces Layoffs, Number of Affected Employees Unknown

In an attempt to cut costs, Sprint is facing another big round of layoffs within the company it was announced this week. The exact number of job losses has not been announced yet, but Sprint expected the cost of the job cuts to be in the $160 Million range for severance packages and maintenance.

This planned reduction is expected to be largely completed by October 31, 2014 and will include certain management and non-management positions.

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