Sprint will cut a total of 8,000 jobs by March 31st, says CEO Dan Hesse, who enjoys being filmed in black and white as he takes long walks toward cameras. Sprint is also suspending its 401(k) match program, tuition reimbursement program, and is freezing salaries. [CNNMoney]
Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.