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General

Sprint will take USD 150 mln charge for layoffs

Wednesday 23 December 2015 | 09:30 CET | News

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Sprint expects to take a USD 150 million one-off charge this quarter as part of a round of layoffs expected to last through January, Fierce Wireless reported, citing a company filing with the SEC. The carrier has not disclosed how many jobs will be cut, but said the reduction will be largely completed by the end of January. The job cuts will include both management and non-management positions.

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Categories: General
Companies: Softbank / Sprint
Countries: United States
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