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

2015-10-02 02:44:58| Telecom - 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.

Tags: jobs costs cut reduce

 

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.

Tags: jobs costs cut reduce

 
 

U.S. authorities seek to seize $1 bln in telecom probe -WSJ

2015-08-14 12:25:36| Appliances - Topix.net

Aug 14 U.S. authorities are asking counterparts in Europe to seize about $1 billion in assets related to an investigation into three telecom companies and intermediaries close to the daughter of Uzbekistan's president, the Wall Street Journal reported on Friday. Vimpelcom Ltd, Mobile TeleSystems and TeliaSonera AB are under scrutiny from the U.S. Department of Justice and the Securities and Exchange Commission, as well as some authorities in Europe.

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Berkshire Hathaway nearing deal to buy Precision Castparts: WSJ

2015-08-08 22:20:09| Industrial Machines - Topix.net

"Charlie and I favour repurchases when a its stock is selling at a material discount to the company's intrinsic business value," Berkshire Hathaway boss Warren Buffett says. "Charlie and I favour repurchases when a its stock is selling at a material discount to the company's intrinsic business value," Berkshire Hathaway boss Warren Buffett says.

Tags: buy deal precision berkshire

 

China's Tsinghua Unigroup offers to buy Micron Technology for US$23 billion: WSJ

2015-07-14 06:27:39| Semiconductors - Topix.net

State-backed Chinese private equity firm Tsinghua Unigroup Ltd offered to buy U.S. memory chipmaker Micron Technology Inc for US$23 billion, The Wall Street Journal reported, citing people familiar with the matter. REUTERS: State-backed Chinese private equity firm Tsinghua Unigroup Ltd offered to buy U.S. memory chipmaker Micron Technology Inc for US$23 billion, The Wall Street Journal reported, citing people familiar with the matter.

Tags: buy technology offers billion

 

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