Old 01-18-2008, 10:00 AM Offline   #1 (permalink)



 
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Default Sprint Nextel Cuts 4,000 Jobs, Closes 125 Stores (NewsFactor)

NewsFactor - As part of its effort to turn its fortunes around, wireless phone company Sprint Nextel announced today that it would "streamline its business" by cutting 4,000 jobs and closing 8 percent of its stores. The company, third among U.S. mobile phone services, has been battling against a continual loss of subscribers.

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