Feeds

MCI to axe 4,000 US jobs

Fingers crossed for UK

  • alert
  • submit to reddit

High performance access to file storage

MCI, the company formerly known as Worldcom, is to axe 4,000 jobs in the US.

WorldCom/MCI is to shut call centres in Denver Colorado; Phoenix, Arizona; and Niles, Ohio, the telecoms companay said in a statement.

It also plans to cut jobs at MCI/WorldCom centres in Alpharetta, Georgia; Colorado Springs, Colorado and Springfield, Missouri.

The company said it was taking the action "in order to improve our overall cost structure".

The job cuts - affecting around 7 per cent of the company's workforce - are expected to kick-in during May and June, according to reports.

So, is MCI-WorldCom gonna cut jobs in the UK as well? A spokeswoman for the company couldn't rule it out.

In a statement the company said: "As we continue to restructure our operations to better position the company going forward, including improved integration and automating certain functions, we expect to continue to add and reduce workforce positions as needed.

"As part of the MCI's policy, it will first disclose information on any possible impact in local countries to affected employees and their representative groups following all local requirements and obligations."

This month MCI announced a whopping $74.4bn restatement of income following the financial scandal that rocked the corporate world. Back in 2000/01, while WorldCom was reporting that it was making a profit, the company was actually making a loss.

The company is expected to emerge from Chapter 11 bankruptcy protection in the next month or so. ®

Related stories

MCI appeals ancient EC decision
WorldCom gets sums wrong - by $74bn

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.