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EarthLink dropping half its workers
EarthLink is cutting about half its workforce — 900 jobs — and closing four offices in an effort to reduce operating costs. The Internet service provider and its rivals are struggling to generate revenues as more and more dial-up customers sign up for high-speed service from cable and phone companies. Wall Street liked the plan: The announcement shot the company's shares up 7 percent.
Posted on August 29, 2007 5:26 AM PT | Permalink
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Marketplace Confessional
I've just listened to Mr. Stein's concern for the poor working man. No doubt he drove his Bronco to the station to make his plea for the common man. Honestly, Ben Stein weeping for the common man's fate? After my sides stopped hurting from laughing ...
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