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Sprint to cut jobs, reduce up to $2.5 billion in costs: WSJ

2015-10-02 01:33:11| IT Services - Topix.net

Sprint Corp plans to cut an unspecified amount of jobs and about $2-$2.5 billion in costs in the next six months, the Wall Street Journal reported, citing an internal memo. The wireless carrier has frozen external hiring and all expenditures require the approval of the finance department, WSJ reported, citing the memo sent to staff by the new chief financial officer.

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