Embarq to cut 500-700 jobs, 300 contract positions: report
SAN FRANCISCO (MarketWatch) — Embarq Corp. will cut 500 to 700 jobs and eliminate about 300 contract positions by the fourth quarter, The Associated Press reported Friday. The cuts will focus on the company’s Network Services organization in an attempt to bring down costs, according to the news service.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Original post by Forextvblog
![[Most Real time JPY/USD Dollar Exchange Rate YEN/DOLLAR]](http://www.weblinks247.com/exrate/24hr-jpy-small.gif)
![[Most Real time EUR/USD Dollar Exchange Rate EURO/DOLLAR]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
![[Most Real Indian Rupee USD Dollar Exchange Rate ]](http://www.weblinks247.com/exrate/24hr-inr-small.gif)
![[Most Real USD Canadian Dollar Exchange Rate]](http://www.weblinks247.com/exrate/24hr-cad-small.gif)
![[Most Real Time British Pound to USD Dollar Exchange Rate ]](http://www.weblinks247.com/exrate/24hr-gbp-small.gif)
![[Most Real Time Swiss Franc to US Dollar Exchange Rate]](http://www.weblinks247.com/exrate/24hr-chf-small.gif)