Sprint to cut 4,000 jobs  —  Sprint Nextel , the No. 3 U.S. mobile service, said on Friday it will cut about 4,000 jobs and close about 8 percent of its stores, predicting further pressure on its ability to attract subscribers and turn a profit in 2008.  —  Sprint shares fell 7 percent …

Source:   Reuters

Link:   http://news.zdnet.com/2100-1035_22-6226752.html