Initiating its first cost-cutting effort, US telecommunications company Sprint has slashed down 452 jobs from its Overland Park headquarters.
The country’s third-biggest cellphone carrier had disclosed the move in a filing with the Kansas Department of Commerce on Friday.
The company has earlier announced that it will cut down jobs as a part of its cost-cutting effort.
The firm’s report covers the first installment of layoffs that was planned throughout October. According to the company, the report doesn’t cover any employment losses outside the campus of the headquarters. Meanwhile, the media reports suggest that such job cuts in other campuses too.
In a filing with the Securities and Exchange Commission (SEC) earlier this month, the company had said that it was slashing an unspecified number of jobs in an attempt to establish a better competition with AT&T and Verizon.
The carrier has also said that it would book a USD 160 million charge in its second quarter this fiscal to cover the layoffs that include managers and other employees.
Insiders say the job reviews are still underway. While the recent disclosure made on Friday said that the local jobs cuts were permanent and more layoffs would come in the coming days.
“We anticipate additional reduction activity in the next few weeks and will provide an updated list of impacted positions,” according to the notice filed with the Kansas Department of Commerce.
Earlier this year, Sprint had laid off another 477 employees in Overland Park, bringing this year’s overall job cut to 929.
Among those employees who fell prey in the first round of job cuts by the company had worked at a call center that was closed.
Latest posts by Alan O’Leary (see all)
- Woman Found Alive After Missing for 42 Years - Oct 30, 2017
- October Will Welcome The Draconid Meteor Shower And The Orionids - Oct 6, 2017
- Scientists Are At A Loss After Unearthing A Porpoise Grave - Sep 22, 2017