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KANSAS CITY, Mo. — Sprint Corp. will lay off about 6,000 employees, or about 7 percent of its workforce, and 1,500 contract workers because of the weak economy, the company said Wednesday. 

Sprint also said it would discontinue its money-losing voice and high-speed Internet unit, ION. 

The announcements came as Sprint, the nation’s third-largest long distance provider, reported lower third-quarter earnings and a loss for its PCS wireless division. 

The decision was based on “rapidly changing industry landscape and future funding requirements for the ION, especially in light of the economic slowdown and the uncertainty of the timing of the recovery,” William T. Esrey, Sprint’s chairman and chief executive officer, said in a statement. 

Additionally, Sprint said it will restructure various divisions and its fixed wireless services, which allows customers to operate wireless devices or systems in fixed locations such as homes and offices. 

Sprint, the nation’s third-largest long distance provider, hopes to save an estimated $1 billion annually starting in 2002 with the changes. 

Sprint employs 84,000 worldwide. About 14,500 of them are in the Kansas City area, where Sprint is the largest private employer. 

The company had held out on layoffs even as its telecommunications competitors shed about 225,000 workers. 

The Kansas City Star reported Wednesday that Sprint’s layoffs will be complete by mid-November. 

ION let customers connect to the Internet and simultaneously use one or more separate phones, all through a single phone line. 

The service was ballyhooed when it was announced in 1998, but “it just kind of fizzled,” said Tom Morabito, a telecom analyst with McDonald Investments in Cleveland. 

For the quarter ended Sept. 30, Sprint Corp. FON Group reported a 60 percent drop in earnings to $154 million, compared with $384 million the year before. 

Sprint PCS, the company’s wireless division, reported a loss of $288 million, or 29 cents per share, in the quarter, compared to a loss of $390 million, or 41 cents per share, a year ago. This quarter’s loss was wider, however, than the 22 cents expected by analysts. 

Even so, Sprint is in better shape than some other telecom companies, said Ramkrishna Kasargod, an analyst with Morgan Keegan & Co. in Memphis, Tenn. 

“They do have customers, they do have revenues,” Kasargod said.