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Screwed: 8,000 at Sprint Nextel

A daily review of the employment fallout around the country.

Sprint Nextel plans to cut 8,000 jobs in the first quarter, or about 14 percent of its work force…Corning is slashing 3,500 positions…Philips Electronics is eliminating 6,000 jobs this year after swinging to its first quarterly loss in five years…IBM is cutting 2,800 jobs in sales, software units…Fox Interactive Media is laying off about 100 people…Reed Business Information sacked 7 percent of its work force.

Read about layoffs at the sites compiled on our Layoff Tracker page.

Tags: economy, layoffs, News, Sprint, technology