E$ is pulling a netcom

[David Lesher]

Subject: EarthLink's Wi-Fi dreams may be fading - New York Times

X-URL: http://www.nytimes.com/cnet/CNET_2100-7351_3-6204984.html?_r=1&oref=slogin&pagewanted=print

The New York Times

August 28, 2007

EarthLink's Wi-Fi dreams may be fading

Marguerite Reardon, for News.com

EarthLink's dreams of competing against the big telephone and cable
companies are fading as it slashes nearly half its total work force in an
effort to cut costs.

On Tuesday, EarthLink announced that it would shed 900 employees. The
reason was simple, said Rolla Huff, CEO of the company. EarthLink, which
has had four solid quarters of losses and a sinking stock price, needs to
return value to its shareholders. And this means eliminating jobs that
don't help the company add subscribers or increase revenue.

EarthLink's traditional dial-up Internet access business, which has seen
hefty declines in growth over the past few years, will likely see major
cuts, especially in marketing.

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