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In 2019, Sprint Corporation had approximately * employees. The company has experienced a relative decrease in number of employees since 2011’s peak of around * people.

Sprint – Mergers and Acquisitions

Over the years, Sprint has struggled with a decline in revenue and several failed acquisitions, including a 2005 procurement of Nextel Communications that proved to be unprofitable. In 2013, Sprint was acquired by Japanese telecom group SoftBank Corporation, and there were several rounds of layoffs during the ensuing restructuring processes. At several points since then, T-Mobile and Sprint have initiated talks of a merger in order to better compete with larger rivals Verizon and AT&T; in late July 2019, the U.S. Justice Department officially approved the merger between the two companies. The effect of the acquisition by T-Mobile on Sprint’s workforce is unclear at this point.

Sprint’s place in the US telecom market

Sprint is headquartered in Kansas and offers wireless and wireline services to subscribers throughout the United States. In the U.S. wireless telecommunications market Sprint currently ranks behind Verizon, AT&T, and T-Mobile in terms of wireless telecom revenue. Sprint currently holds a share of around ** to ** percent of the total 400 million cellular subscriptions in the United States, behind both AT&T and Verizon. These two major players account for around a third of the market each.