The Wall Street Journal (Must Subscribe to Read) is reporting that the new CEO of Sprint is planning some Layoffs.

Sprint has about 60,000 employees after laying off 5,000 last year. So how many layoffs are expected? The journal didn’t say but I would guess in the 5,000 - 10,000 range.The Wall Street Journal is also reporting that Sprint may consolidate some of their offices across the country.

The main reason for the layoffs probably has to do with the dwindling subscriber base, Sprint is finding it hard to keep their Nextel customers.