Trump: Sprint Is Bringing 5K Jobs Back To America
Trump has done more to keep jobs in America in the last couple of months than Obama has his entire two terms as President and Trump hasn’t even taken office yet.
President-elect Donald Trump said Wednesday that Sprint will bring 5,000 jobs back to the United States from overseas, while another company OneWeb will add 3,000 jobs in the U.S.
Trump said the deal “was done through” SoftBank CEO Masayoshi Son, a Japanese billionaire and technology investor. Earlier this month, the pair announced in New York that SoftBank agreed to invest $50 billion in the U.S. and aimed to create 50,000 jobs.
It is unclear whether all of the positions announced Wednesday are part of the 50,000 jobs pledge detailed previously.
SoftBank owns about 80 percent of Sprint and earlier this month invested $1 billion in OneWeb, a U.S. satellite venture that aims to provide affordable internet. Son said at the time that the OneWeb investment was the “first step” in his commitment to Trump.
“Because of what’s happening and the spirit and the hope, I was just called by the head people at Sprint and they’re going to be bringing 5,000 jobs back to the United States and taking them from other countries,” Trump told reporters Wednesday at his Mar-a-Lago resort in Florida. “They’re bringing them back to the United States and Masa and some other people were very much involved in that so I want to thank them. And OneWeb, a new company, is going to be hiring 3,000 people and that’s very exciting.”
It is not clear exactly from where the Sprint positions will be moved. The company said in a statement that the jobs will support a “variety of functions” like customer care and sales. It added that it will start talking to business partners, states and cities to determine the locations for the jobs.
On the campaign trail, Trump repeatedly urged companies to keep jobs in the United States, arguing that his predecessors helped to push positions abroad through what he called bad trade deals and regulations. He previously announced a deal with United Technologies unit Carrier to keep some of the jobs it planned to move to Mexico in Indiana. More