Skip navigation.
Tue Feb 9 13:43:05 2010 [Write for us] | [Login/Register]
Home

Sprint to ax up to 2,500 jobs

Overland -- U.S. telecommunications giant Sprint Nextel said it would reduce its payroll by up to 2,500 workers due to falling revenues.

Overland -- U.S. telecommunications giant Sprint Nextel said it would reduce its payroll by up to 2,500 workers due to falling revenues.

A majority of the jobs scheduled to end would be eliminated by the end of the year, Sprint said.

Sprint cut 8,000 jobs in January, making the recent announcement the second major reduction in the same calendar year, The Kansas City Star reported Tuesday.

In the latest cuts, Spring said it would save $350 million in operational costs. From January's cuts, Sprint said it would save $1.2 billion.

Copyright 2009 by United Press International.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

Recent comments

The Money Times on Facebook

User login