1.0link138795<![CDATA[Qwest Profit Down, Will Cut 1,200 Jobs]]>http://www.huffingtonpost.com/2008/10/29/qwest-profit-down-will-cu_n_138795.htmlNEW YORK — Qwest Communications International Inc. posted a profit for its third quarter Wednesday, but said the continued slide of its traditional phone business is forcing it to cut 1,200 jobs, 3 percent of its work force.
The cuts will come before the end of the year, which will leave the company with 33,500 employees, 9 percent fewer than at the end of last year. That's about the same rate at which customers are canceling their phone service to go...