Sprint Q2 results disappoint, plans to axe 2,000 jobs

Amid announcing disappointing second quarter results, Sprint has stated plans to cut operating costs by $1.5 billion including cutting the workforce by 2,000. The carrier, which reported an operating loss of $192 million, said it expects to save $400 million through the job cuts. “We have started a transformational journey,” Sprint CEO Marcelo Claure said. […]