Sprint Plans to Lay Off Thousands

posted Nov 9, 2009, 4:05 PM by Eric M. Zeman

Today Sprint Nextel said that it plans to reduce its personnel expenditures by about $350 million annually. In order to accomplish this cost savings, Sprint will need to lay off between 2,000 and 2,500 employees. Sprint said that positions will be eliminated company wide and across all regions where Sprint has operations. Most of those to be laid off will see their jobs eliminated by December 31, 2009.

more info at Sprint »

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