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Laying off 21,000 people is "good news"? Really?

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Guy KewneyPerson was signed in when posted
11-26-2003
02:09 AM ET (US)
I'd quite like to know how Sprint's PR machine managed to persuade Associated Press to put out such a positive viewpoint analysis of its latest layoffs.

The company made half a billion dollars worth of profit 2002, but about the same in losses this year - and yet they still found someone to say it's good news! Motley Fool doesn't think so; do you?
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