Friday, October 3, 2014

Sprint Commences October Layoffs

Sprint has begun a new round of layoffs and will take a charge of approximately $160 million in the second fiscal quarter of 2014 for severance and related costs.  In an SEC filing, Sprint said the workfouce reduction is expected to be largely completed by October 31, 2014 and will include certain management and non-management positions.  

http://investors.sprint.com/Cache/c25515509.html


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