Home › Sprint announces layoffs, $160M in severance
 

Keywords :   


Sprint announces layoffs, $160M in severance

2014-10-04 01:05:58| IT Services - Topix.net

In a Friday filing with the Securities and Exchange Commission, Sprint said that it began a workforce reduction plan to reduce costs and help it become more competitive in the marketplace on Sept. 30. Sprint said it expects to recognize a charge of about $160 million in the second fiscal quarter of 2014 for severance-related costs.

Tags: announces sprint severance layoffs

Category:Information Technology

Latest from this category

All news
»
05.11PM responds to Sir Alan Bates after repeated requests
05.11American Angus elects 2024-25 board leaders
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Public Advisory Number 8A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Brazil gives green light to medicinal use of Cannabis in animals
More »