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Sprint Nextel cuts 8,000 jobs
Monday, January 26, 2009

8,000 Sprint Employees will be joining the Unemployment Line as the economy worsens. Sprint is in such bad shape that the remaining employees will not see the company Match their 401k deposits and there is now a salary freeze in effect.

Sprint is expected to pay out 300 million in severance pay but save 1.2 billion over the year.

Wish all those Sprint Employees with out a job good luck.

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Posted by Michael on 01/26 at 11:35 AM
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