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twitterPhone giant cutting 1,200 jobs
Friday, July 12, 2002 | 11:18 a.m.
KANSAS CITY, Mo. -- Sprint Corp., which operates the nation's third biggest long-distance telephone service, plans to cut about 1,200 jobs, or 1.5 percent of its work force, in its latest effort to cut costs.
The company said today the job cuts will come from the company's global markets group, which includes the struggling long-distance business.
Like others in the industry, Sprint has struggled to cut costs to boost earnings and compete more effectively with the bigger long-distance operators AT&T and MCI.
Sprint is the main local telephone company in Las Vegas. There was no immediate word on whether any Las Vegas jobs would be cut.
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