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Employee numbers for Sprint Corporation 2011-2019

In 2019, Sprint Corporation had approximately 28,500 employees. The company has experienced a relative decrease in number of employees since 2011’s peak of around 40,000 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 10 to 15 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.

Sprint Corporation number of employees from 2011 to 2019

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Source

Release date

May 2019

Region

Worldwide

Survey time period

2012 to 2019

Supplementary notes

* Trading as Sprint Nextel Corporation
** Year ended March 31, 2015 & 2016 & 2017 & 2018 & 2019

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Statistics on "Sprint Corporation"

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