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A Sprint store in Springfield, Mo. | Nicole Lunger/Missouri Business Alert

Sprint to lay off 500 at headquarters amid continued cost cuts



Sprint will eliminate 500 jobs at its Overland Park, Kansas, headquarters amid a continued push by the telecom company to reduce costs. The cuts could include any of the company’s 6,000 headquarters employees, a spokesman said.

This marks Sprint’s first reported round of layoffs since 113 jobs were cut in April 2016. It follows the November collapse of the company’s proposed merger with rival T-Mobile, which had been expected to create around $30 billion in cost savings.

Sprint said the company will be increasing its employee headcount in retail and customer care this year. The company plans to open about 600 stores, and its Boost Mobile brand is set to open about 850 stores.

Read more: Kansas City Star

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