Sprint to lay off 8,000 by April

Sprint Nextel Corp. today said that it will lay off about 8,000 workers by April within “all levels” of the company.

The carrier also said it will suspend the 401(k) matches for workers for 2009 and extend a freeze on annual salary increases started in 2008 through 2009. A tuition-reimbursement program was also suspended.

Source: Computerworld