Worldcom to shed 450 jobs in Europe and Asia
Print storyTough times ahead
Posted in Music and Media, 28th June 2002 10:09 GMT
Whitepaper - What is the best data center energy storage for you?
Some 450 jobs are to be axed in Europe and Asia following revelations that Worldcom was cooking the books to the tune of $3.8bn.
Insiders have told The Register that 400 jobs will go in EMEA (Europe Middle East & Africa) with 50 being axed in Asia.
It's not known how many jobs will go in the UK but some estimates suggest it could be around 250.
In total, Worldcom said it would shed 17,000 jobs after it came clean about the financial black hole.
Related stories
US cracks down hard on WorldCom
Bush, SEC gang up on WorldCom
Worldcom engulfed in $3.8bn accounting scandal
Details of job losses could be known later today.
No one from Worldcom was available for comment at the time of writing. ®
Free whitepaper: Calculating total power requirements for data centers
The Business Case for Virtualization
HP and VMware take the cost and complexity out of IT
Distribute the workload for greater efficiency and power
Rethink virtualization in business terms
Implementing energy efficient data centers
101 uses for a former merchant banker
The Year in Operating Systems: No battle of big ideas
Photography: Yes, you have rights
Enormous HP box spotted from space