Sprint Chairman Masayoshi Son said Wednesday that layoffs at the company, which have been expected since Sprint announced a plan to cut at least $2 billion in costs, will number “in the thousands.”
Previously, Sprint CEO Marcelo Claure had declined to give a number for job losses expected as part of the Overland Park, Kan.-based telecom company’s cost-cutting efforts.
The new spending reductions follow Sprint’s push last year to eliminate $1.5 billion in costs. That effort included 2,000 layoffs.
Sprint had 31,000 employees as of the end of March, its last public update.