Sprint Reveals Last Months Total Layoffs, Says Additional Reduction Activity Is Coming

The latest cuts came in the carrier’s IT and portfolio management groups, and the next ones could hit divisions close to channel partners.

Kelly Teal, Contributing Editor

October 20, 2014

2 Min Read
Sprint Reveals Last Months Total Layoffs, Says Additional Reduction Activity Is Coming

**Editor’s Note: Click here for a recap of layoffs impacting some of the biggest names doing business in the indirect channel.**

We now know the specifics of the additional job cuts Sprint started enforcing late last month, and that aren’t over yet.

The wireless carrier said in an Oct. 3 SEC filing that it had laid off a number of people on Sept. 30, although it did not say how many or in which location.

Those details were disclosed on Friday in a report Sprint made to the Kansas City Department of Commerce – Sprint is headquartered in the Kansas City suburb of Overland Park. In that notice, Sprint said it had axed 452 local jobs in the IT and portfolio management groups.

And more such cuts are on the way.

“We anticipate additional reduction activity in the next few weeks and will provide an updated list of impacted positions,” Sprint told the Kansas Department of Commerce.

Sprint added that some managers in the network and technology divisions could be impacted.

Sprint already cut 477 Overland Park jobs, many of which came in the area’s call center operations, in March.

Sprint is owned by Japan’s SoftBank Corp. Since SoftBank took a majority interest in Sprint in 2012, Sprint has tried and failed to buy T-Mobile USA, and gotten a new CEO – Dan Hesse was replaced by Brightstar Corp. founder and billionaire Marcelo Claure as SoftBank tries to shake up the wireless market in the United States.

Part of that shakeup includes continuing with the layoffs that were planned before Claure was hired. Claure told Wall Street last month that he aimed to eliminate unnecessary spending and even though he did not call out layoffs in that list, a Sprint spokeswoman told the Kansas City Star that ongoing reviews of company expenditures would lead to job reductions in October.

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About the Author(s)

Kelly Teal

Contributing Editor, Channel Futures

Kelly Teal has more than 20 years’ experience as a journalist, editor and analyst, with longtime expertise in the indirect channel. She worked on the Channel Partners magazine staff for 11 years. Kelly now is principal of Kreativ Energy LLC.

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