Sprint to cut up to 2,500 jobs by the end of 2009
Sprint plans to cut up to 2,500 jobs by the end of 2009 to try and save more then $350 million in annual labor costs. This amount is in addition to the 8,000 jobs Sprint cut in the beginning of 2009 to save over $1.1 billion in labor costs. The combined total should save them $1.5 billion in labor costs annually.
While the recession had officially ended. You can see by the continued job cuts that unemployment won’t be dropping anytime soon.
Tags: Economy, Job Cuts, Labor Costs, Sprint
