Sprint Nextel Cuts 4000 Jobs

By AP (via Yahoo), published on January 18, 2008 at 12:40 PM
Source: Tom's Guide US | Keywords: , , | Themes: Business, Smartphones
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Wireless phone company Sprint Nextel said Friday it plans to slash 4,000 jobs and close 125 retail locations in a move to gird itself for an expected slowdown in subscriber growth and revenue. Its shares lost almost 19% in morning trading.

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