Yeah, it's not as if Sprint is struggling to pay these people. Sprint doesn't need as many employees as they used to in call centers, and they are closing stores that lose money. They are stopping the waste of additional money. It's good business.
This is not a desperate decision they have to make because they are losing money. Sprint was losing money last quarter, last year and two years ago too. And they have lots of cash to continue to waste this money if they wanted. But the new Japanese leadership is not going to allow money to be spent on things that will not improve the company. That money is better spent somewhere else. If Sprint was desperate for every dollar, they would not be giving severance packages to their employees. They would be trying to keep those dollars. This is about better long term strategies in running the business.
If AT&T and Verizon were cutting a small percentage of their call center workers because call volume was down and unprofitable stores, no one would mischaracterize it this way. But I love how the tech media takes a sound management decision into a desperate act to keep Sprint from going bankrupt.
Sprint, under the new SoftBank ownership, will be spending $8 Billion on the network this year. More than any year Sprint ever has. Including under Network Vision the past two years. So none of this has any bearing on the LTE deployment. If anything, it strengthens it.
Robert