Sprint this week committed to creating 5,000 new jobs in the U.S. Some of the positions will be new, and some will be brought back from locations abroad. Sprint believes the jobs will cover a range of needs throughout the company, such as sales and customer care. Sprint intends to speak with business partners and state/local governments about the best locations for any new facilities. Sprint expects the fill the open 5,000 jobs by the end of 2017. "We are excited to do our part to drive economic growth and create jobs in the U.S.," said Sprint CEO Marcelo Claure. "We believe it is critical for business and government to partner together to create more job opportunities in the U.S. and ensure prosperity for all Americans." In January 2016, Sprint announced 2,500 job cuts in an effort to lower costs. The company has been trimming expenses aggressively since Claure came on board. The reversal appears to be linked to parent company SoftBank, which recently announced a massive business investment fund of $50 billion that it hopes will create some 50,000 new jobs in a variety of industries.
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