EMCC European Monitoring Centre on Change

MCI (WorldCom)

Company/Organisation:
MCI (WorldCom)

Geographic Location

Country: World

Company

Sector: Information / communication
Telecommunications
61 - Telecommunications
Number Employed: 50000

Employment Effects

Announcement Date: 12-05-2004
Planned Job Reductions min: 7500
Planned Job Reductions max: 7500
Type of Restructuring: Internal restructuring

Additional Information

MCI, ex WorldCom, just out of the protection of the American law on bankruptcies, has announced a new restructuring plan involving the redundancy of 7,500 people, i.e. 15% of its workforce.