Clearwire Employees Have Severance, Retention Meeting
As Sprint Acquisition Surges Forward Despite Dish
Despite the sound and fury
coming from Dish and Sprint investors, Sprint's acquisition of Clearwire and Sprint's acquisition by Softbank should essentially be a done deal by mid year. Clearwire employees this week attended severance and retention meetings
to hash out who is sticking around, and who'll be getting the boot as the companies figure out positional redundancies. Clearwire HR is rumored to have met with Clearwire employees individually to discuss "severance payments in the event that your position is impacted after a close." As is usually the case, Clearwire had previously suggested there wouldn't be any layoffs from the acquisition.