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Sprint, Oneweb Say 8,000 Jobs Announced By Trump Are Part Of Softbank Pledge

Ron Burgundy

By Ron Burgundy,
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Ron Burgundy

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U.S. President-elect Donald Trump talks with the media at Mar-a-Lago estate where Trump attends meetings, in Palm Beach, FloridaBy Richard Cowan PALM BEACH, Fla. (Reuters) - U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will bring 8,000 jobs to the United States, and the companies said the positions were part of a previously disclosed pledge by Japan's SoftBank Group Corp. SoftBank holds stakes in both companies and its chief, billionaire businessman Masayoshi Son, earlier in December said he would invest $50 billion in the United States and create 50,000 jobs. Sprint in January said it had cut 2,500 jobs as part of its plan to cut $2.5 billion in costs.




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