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8,000 New US Jobs? Trump Takes Credit For Sprint, Startup Decisions (usatoday.com)

Posted by msmash on from the baby-steps dept.

President-elect Donald Trump has announced that Sprint is moving 5,000 offshore jobs back to the United States and OneWeb, a satellite Internet startup, is adding 3,000 more jobs in the U.S. From a report on USA Today: The jobs were made possible, Trump said, through Softbank CEO Masayoshi Son, a Japanese billionaire and technology investor, who met with Trump in New York earlier this month. After that meeting, the two businessmen announced Softbank would invest $50 billion in the U.S. and create 50,000 jobs. Softbank owns 80% of Sprint and this month it invested $1 billion in OneWeb, a venture that intends to offer affordable Internet access. Son called the investment a "first step" in his commitment to Trump.

3 of 267 comments (clear)

  1. That investment has been in the works for a while by ventsyv · · Score: 5, Insightful

    Trump is taking credit, but he had nothing to do with it, the investment in question has been in the works for a long time.

  2. Want to keep those jobs? by Anonymous Coward · · Score: 4, Insightful

    It will be a race to the bottom for Americans to lower their standard of living faster than China, India, Pakistan, Indonedia and Vietnam.

  3. Re: Breaking news by SecurityGuy · · Score: 4, Insightful

    I agree with this, and say pretty much every single election that $NEW_GUY is going to take credit or get blamed for whatever happens in the next 4 years.

    Yeah, we should really quit doing that. Trump has nothing to do with those 10,000 jobs, Incidentally, jobs fluctuate by over 100,000/month, so gaining 10,000 in the almost 2 months since he's been elected is literally in the statistical noise.