CenturyLink Looking to Cut 8% of Workforce, or About 3,400

  • Memo from CEO Glen Post was sent to employees Wednesday
  • Revenue fell 1% last year and predicted to fall 2% this year

CenturyLink Inc., the Monroe, Louisiana-base phone company, is planning to eliminate 7 percent to 8 percent of its workforce to cut costs as sales decline in its landline communications business.

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