More Sprint layoffs (another 550 jobs)

http://www.cjonline.com/stories/050804/bus_sprint.shtml

KANSAS CITY, Mo. -- Sprint Corp. announced Friday that it will lay off an additional 550 workers by the end of the year as a result of its ongoing restructuring of its wireless and traditional phone divisions, bringing the total number of job cuts to 2,550.

The Overland Park-based telecommunications firm made its projections in a quarterly filing with the Securities and Exchange Commission. It previously had announced plans to cut 2,000 jobs as part of its restructuring.

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As of March 31, the company had laid off 1,750 workers as part of the restructuring. Stoffel said 800 more workers would be laid off "over the course of 2004."

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Including the layoffs announced Friday, Sprint has cut more than 21,500 jobs in the past two years.

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