Level 3 Axes 1,000, posts $237 M loss

Paul Kapustka | Thursday, February 8, 2007 | 1:57 PM PT | 0 comments

This medicine may taste bad now, but with any luck it will make you feel better: Backbone service provider Level 3 announced layoffs of 1,000 today, amidst a Q4 report of $237 million in losses and more debt-financing plans. The sun will come out… tomorrow?

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