Entries tagged "Qwest Communications International Inc."
The third-largest phone company in the U.S., Qwest Communications International Inc., is following a familiar strategy in corporate America after announcing a profit, albeit a declining one: layoff some of its workers. The Denver-based company announced Wednesday a third-quarter profit but pointed to pressure from declines in its traditional phone service that would force it to lay off nearly 1,200 workers, or 3% of its work force, to stay competitive. ...
