Sprint-Nextel To Lay Off 8,000 In Effort To Cut Costs

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The Sprint logo is displayed on the front of a Sprint retail store... News PhotoCalifornia,Communication,Finance,Horizontal,Mobile Phone,Retail,San Francisco - California,Shop,Sign,Sprint Nextel,Technology,Telephone,USA,Wireless TechnologyPhotographer Collection: Getty Images News 2009 Getty ImagesSAN FRANCISCO - JANUARY 26: The Sprint logo is displayed on the front of a Sprint retail store January 26, 2009 in San Francisco, California. Sprint Nextel announced today that they will lay off 8,000 workers in an effort to cut costs. (Photo by Justin Sullivan/Getty Images)