Overland Park, Kansas-based Home Credit U.S., a global provider/servicer of proprietary-branded credit card services to Sprint and others has announced that they will be laying off 100 employees in their Overland Park office located on the Sprint Campus. Positions include operations, management, credit, customer relations, sales, information technology, legal, finance, and human resources. The layoffs will commence January 31, 2020, and be phased over the following quarter. Because the company continues to invest in technology, it is possible that the layoffs are technology-driven, but it is still unknown how Sprint's pending $26 billion merger with T-Mobile might affect the relationship with Sprint. A Sprint spokesperson noted that the job action will not affect any Sprint cardholders.
The parent company is Home Credit B.V., an international non-bank financial institution founded in 1997 in the Czech Republic and headquartered in the Netherlands. The parent operates in ten countries including those in Europe and Russia, Kazakhstan, China, India, Indonesia, Philippines, and the United States. The company and focuses primarily on subprime credit card lending and lends to people with little or no credit history.
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?