Sprint announced today that it will be cutting back internal and external labor costs by at least $350 million in the 4th quarter of 2009. This includes layoffs of 2,000 to 2,500 positions within the company. They said most of the impacted positions will be eliminated by December 31, 2009.
“The reduction impacts positions companywide, including those previously announced this month in the Wholesale organization, as well as a reduction in contractor and other outside labor. The company is taking this action in a careful manner to ensure that there is no impact on the improved customer experience that has been reflected in much higher levels of satisfaction in customer surveys and in independent performance tests. Sprint has pledged to not waver on the company’s commitment to quality service and products.”
Source: Sprint Newsroom