President-elect Donald Trump has notched another job-creating success under his belt: Sprint Corp. announced that it will bring 5,000 jobs back to the United States as part of a larger promise by Softbank Group Corp. CEO Masayoshi Son to eventually create 50,000 new jobs.
Trump announced the development during a press conference outside of his Palm Beach Mar-a-Lago estate, claiming that Sprint executives told him that they are â€śgoing to be bringing 5,000 jobs back to the United States. They have taken them from other countries.â€ť
Sprint further clarified that the bulk of the new jobs would consist of call center positions and sales roles and that it would begin working with several U.S. cities to determine the best location for the enterprise. The jobs are expected to be in place by the beginning of April 2018.
During a meeting earlier in the month, Son â€“ who also controls Sprint â€“ sat down for a meeting with Trump in New York City. When their meeting concluded, Trump proudly informed reporters that he had penned a lucrative deal with Son that would see $50 billion get invested into U.S. startups and 50,000 resultant jobs be created.
The latest development echoes Trumpâ€™s similar accomplishment with Carrier air conditioning company, which would have moved an Indiana factory to Mexico had Trump not intervened and orchestrated a deal to save roughly 1,000 manufacturing jobs.