CenturyLink Reducing Workforce By 7 To 8 Percent

MONROE, LA (AP) – CenturyLink says it is cutting more than 3,000 jobs to lower its costs.

         The Monroe, LA-based telecommunications company said Monday that it expects to lay off about 7 to 8 percent of its 43,000 employees. That would be roughly 3,000 to 3,400 jobs.

         CenturyLink Inc. said it is seeking to first trim its headcount on a voluntary basis. Employees who take voluntary severance packages can participate in outplacement assistance programs.

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         Company spokesman Mark Molzen said most of the layoffs are expected to be done by Dec. 16.



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