Sprint chairman acknowledges layoffs will be ‘in the thousands’

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Sprint’s chairman said Wednesday in Japan what its CEO has been unwilling to say in Overland Park: Layoffs looming at the No. 4 wireless carrier will number in the thousands.
The “thousands” comment came from Masayoshi Son, Sprint chairman and head of Tokyo-based SoftBank Group Corp., which owns more than 80 percent of Sprint. He had just given SoftBank shareholders an update on his big American investment.
“Sprint is now in the position to increase the pace of user acquisition while cutting costs,” Son told reporters in Tokyo, according to Bloomberg News. “We will also cut staff. The cuts will be in the thousands.”
Asked Tuesday in Overland Park, Sprint chief executive Marcelo Claure had declined to put a number on the size of job cuts expected as part of a plan to slash spending by $2 billion a year. Claure told The Star he did not have a number in mind.
A Sprint spokeswoman said Son’s statement spoke for itself and reiterated Claure’s comments.

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