Sprint to cut costs by $350 million, plans to eliminate up to 2,500 employees

After a disappointing third quarter, Sprint Nextel announced it will reduce labor costs by $350 million with plans to cut 2,000 to 2,500 jobs by the end of the year.

Read the full story here.

Originally posted here:
Sprint to cut costs by $350 million, plans to eliminate up to 2,500 employees