America West said it would reduce its flight schedule by roughly 20 percent and eliminate about 2,000 jobs.
Last year, he eliminated about 2,000 jobs and several hundred more job cuts are in the works, according to people at Merrill.
The firm eliminated about 150 jobs last year and now has a staff of about 200 people.
Last spring the company eliminated about a dozen jobs.
It will also close a factory in Omaha, eliminating about 25 jobs.
Sprint eliminated about 1,300 jobs after it lost $42 million in the second quarter of last year.
But the company said it would eliminate about 700 jobs worldwide, primarily in its shrinking military business.
The companies said they would eliminate about 4,000 jobs, or 10 percent of their combined work force, over the next three years to reduce costs.
Already, major American financial services companies have announced plans to eliminate about 30,000 jobs.
It has promised to eliminate about 1,800 jobs before the year 2000.
