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Fresh round of layoffs to cost Sprint $160 million in second quarter

2014-10-04 01:05:59| IT Services - Topix.net

Sprint Corp, the third largest U.S. wireless carrier has launched a new round of layoffs, the company said on Friday in a regulatory filing, the latest in a string of job cuts plaguing the Kansas-based carrier. Sprint has been reshuffling executives and laying off workers as it struggles to reverse a subscriber exodus brought about by a messy network overhaul that has caused gaps in coverage.

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