Sprint CEO Hints at Job, Cost Cutting

Marcelo Claure, on taking the helm at Sprint, has sent employees a memo with an emphasis on cost efficiency.

As is the way with ‘internal memos’, they usually get leaked and Claure’s was picked up byBloomberg.

“In the short term, our success will come from our focus on becoming extremely cost efficient and competing aggressively in the marketplace,” Claure wrote, which seems to indicate job cuts are on the way.

After the failed merger with nearest rival T-Mobile US, Sprint chairman Masayoshi Son brought in “street fighter” Claure – formerly CEO of phone distributor Brightstar – to turn around the fortunes of the third-biggest mobile operator in the U.S.

Read more: Mobile World Live


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