Sprint Nextel cuts another 2,500

Sprint Nextel is to axe up to 2,500 staff on yet another cost-cutting drive.
 
The carrier  said the new drive was aimed at shaking €233 million in annual costs out of its budget.
 
The company, which has 42,000 staff, said it expected a charge of between €40  million and €53 million for the labor force cuts, most of which would come from non-staff contractors.
 
The latest announcement means a total work force reduction of 16,500 for Sprint this year, NY Times reported, including the transfer of 6,000 employees to new network manager Ericsson.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.