Trump claims deal with Sprint will bring 5,000 jobs to U.S.

The Sprint logo in New York
(Image credit: DON EMMERT/AFP/Getty Images)

President-elect Donald Trump on Wednesday announced that Softbank Chief Executive Masayoshi Son had promised to move 5,000 jobs at Softbank's telecom Sprint from other countries to the U.S. Trump also noted that Sofbank-backed satellite startup OneWeb would create 3,000 jobs. Sprint clarified that the jobs were part of a previously announced plan to create jobs, and that only some of its new jobs would be moved from abroad, while the rest would be newly created positions. Trump's announcement came after the latest in a series of direct talks he has had with corporate CEOs on boosting U.S. employment.

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Harold Maass

Harold Maass is a contributing editor at TheWeek.com. He has been writing for The Week since the 2001 launch of the U.S. print edition. Harold has worked for a variety of news outlets, including The Miami Herald, Fox News, and ABC News. For several years, he wrote a daily round-up of financial news for The Week and Yahoo Finance. He lives in North Carolina with his wife and two sons.