Whenever a company is party to a big M&A deal, layoffs always follow. Sprint confirmed with Bloomberg on Tuesday that it is cutting 800 jobs, but claimed that this doesn’t have anything to do with redundancies produced by its massive three-way tie up with SoftBank and Clearwire. Sprint told Bloomeberg it’s trimming its customer service workforce because it’s getting fewer complaints into its call centers. A big reason for the drop off could be the shutdown of its Nextel iDEN network last quarter, which likely generated calls from millions of customers about to lose service.
Story posted at: bloomberg.com