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Sprint Says It Will Bring Back or Create 5,000 US Jobs

Dec 29, 2016, 8:36 AM by Eric M. Zeman

Sprint this week committed to creating 5,000 new jobs in the U.S. Some of the positions will be new, and some will be brought back from locations abroad. Sprint believes the jobs will cover a range of needs throughout the company, such as sales and customer care. Sprint intends to speak with business partners and state/local governments about the best locations for any new facilities. Sprint expects the fill the open 5,000 jobs by the end of 2017. "We are excited to do our part to drive economic growth and create jobs in the U.S.," said Sprint CEO Marcelo Claure. "We believe it is critical for business and government to partner together to create more job opportunities in the U.S. and ensure prosperity for all Americans." In January 2016, Sprint announced 2,500 job cuts in an effort to lower costs. The company has been trimming expenses aggressively since Claure came on board. The reversal appears to be linked to parent company SoftBank, which recently announced a massive business investment fund of $50 billion that it hopes will create some 50,000 new jobs in a variety of industries.

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thebriang

Dec 30, 2016, 1:15 PM

This had nothing to do with trump...

And everything to do with the current political situation in the Philippines. Sprint was likely going to do this anyway but in smaller staggers to hedge their bets against Duterte flipping his lid and "repatrioting" Philippine businesses.

As the "Sprint intends to speak with business partners and state/local governments about the best locations for any new facilities" line shows, they are going to leverage tax breaks and deals by making a big announcement of these low-paying jobs and tying it to to the Trump train.

Kind of like all the welfare-to-work CC reps Sprint PCS hired in Texas back in the 90's, they got a huge tax break by hiring all these poorly trained employees who while based in the US, gave Awful customer service. And man...
(continues)

scguyy

Dec 30, 2016, 9:27 AM

T-Mobile

If I had to take as guess, this is part of a deal to acquire T-Mobile in the next administration. It's nothing more and nothing less..

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