Sprint Corporation (S) Chief Executive Marcelo Claure may have been a Hillary Clinton supporter during the run-up to the U.S. election, but these days the telecom company is squarely in the Trump camp, announcing it made a commitment to create or bring back 5,000 jobs to America.

In a press release, the fourth-place U.S. wireless carrier said the jobs will support a variety of functions within Sprint, including sales and customer care. It said it is launching talks with business partners and officials in states and cities to figure out the right locations in the U.S. to create the new jobs, with the goal of fulfilling its commitment by the end of fiscal year 2017.

Sprint Laid Off 2,500 at Start of 2016

“We are excited to work with President-Elect Trump and his Administration to do our part to drive economic growth and create jobs in the U.S.,” said Claure in a press release. “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, Sprint was singing a different tune, announcing it would layoff 2,500 workers or 7% of its workforce, as part of the company's plan to save some $2.5 billion in operating expenses. It marked the third round of firings for Sprint. (See also: Sprint Cuts 2,500 Jobs to Lower Costs.)

In addition to Sprint committing to create 5,000 U.S jobs, OneWeb, a Florida startup aimed at providing internet access from small satellites, committed to hire 3,000 people in the U.S. Softbank of Japan, Sprint’s parent company, invested $1 billion in OneWeb earlier in December.

Jobs Are Part of Softbank's Earlier Pledge

The announcements on the part of Sprint and OneWeb were quickly heralded by President-elect Trump, who took credit for the new U.S. jobs. The New York Times quoted Trump as saying: “I was just called by the head people at Sprint, and they are going to be bringing 5,000 jobs back to the United States. They have taken them from other countries. They are bringing them back to the United States.” Trump has already convinced Carrier Corp. keep 800 jobs in Indiana and has called himself the “greatest jobs president that God ever created."

But according to CNN, the 5,000 Sprint jobs and 3,000 OneWeb jobs are part of an earlier pledge by Softbank CEO Masayoshi Son to create 50,000 jobs in the U.S. and invest $50 billion. According to Reuters, the $50 billion investment would come from the $100 billion technology fund SoftBank created in October with Saudi Arabia’s sovereign wealth fund, the Public Investment Fund. (See also: Softbank's $50B Fund Fuels Speculation.)

 

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