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Sprint Closes Stores and Lays Off Employees

Category: General News
Posted: March 21, 2014 12:41AM
Author: gebraset

Due to recent financial trouble in the last quarter of last year, and the extreme cost that it is incurring in order to upgrade its network to the Spark platform, Sprint has announced that it has decided to lay off employees and shutter stores. In total, Sprint will close down 150 service and repair centers, 55 stores, and will lay off 330 technical consultants. The company stated that it strategically chose to close specific underperforming stores in order to drive sales and repairs to retail locations that have been performing better overall. Additionally, the cut to technical consultants is expected to cause as little disturbance to Sprint customers as possible, according to the major wireless carrier that is owned by Japanese carrier SoftBank.

Source: CNET



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