MCI Worldcom is refusing to comment on reports that it is to cut 3,750 jobs as part of the restructuring process following the completion of the takeover.
According to the company a review is underway and until this has been completed no details will be revealed. A spokesperson said there would certainly be no formal comment before next week.
The $37 billion deal was completed nearly three months ago, at which time Bernard Ebbers, chief executive of MCI Worldcom, promised quick action to cut costs.
Between $2 billion and $3 billion is to be cut from overheads, most likely through integrating the two network infrastructures, but the company has also previously said a number of jobs would go. It currently employs around 75,000 staff.
MCI Worldcom announced at Comdex last month it was to roll out the first national broadband network in the US to provide high speed Internet access. (see Newswire 19 November 1998)
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