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Sprint to cut jobs, reduce up to $2.5 bln in costs - WSJ

October 02, 2015

Oct 1- Sprint Corp plans to cut an unspecified amount of jobs and about $2- $2.5 billion in costs in the next six months, the Wall Street Journal reported, citing an internal memo. "We have begun an effort to significantly take costs out of the business so the transformation of the company will be sustainable for the long-term," Sprint spokesman Dave Tovar told Reuters...

Source: http://www.cnbc.com/2015/10/01/reuters-america-sprint-to-cut-jobs-reduce-up-to-25-bln-in-costs--wsj.html
 
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