Sprint to Slice Unknown Number of Jobs

Posted by at 5:08 am on October 6, 2014

Sprint said it plans to cut an unspecified number of jobs over the course of the next month.

The cuts will include management-level and non-management jobs across the company’s business units. Sprint expects to take a charge of about $160 million during the quarter to cover the cost of severance packages.

Sprint said the job cuts will eventually help reduce expenses. The company made a similar series of cuts in January. Sprint employs about 38,000 people.

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