After just a month on the job, WorldCom CEO John W. Sidgmore is moving fast to fix the troubled telecommunications giant. At the end of June, he is expected to announce a major restructuring of the nation's No. 2 long-distance carrier. He plans to sell off WorldCom's $1 billion wireless-resale business and slash capital spending by another $1 billion; from $8 billion in 2001, it will now drop to $3.5 billion. Up to 16,000 employees―or 20% of the Jackson (Miss.) company's workforce―will be let go. Plus, he is close to clinching a new $5 billion line of bank credit, which would keep WorldCom out of a liquidity crisis for the next 18 months.
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机译:在工作仅一个月之后,世通公司首席执行官约翰·西德莫尔(John W. Sidgmore)迅速采取行动,以解决这家陷入困境的电信巨头。预计6月底,他将宣布对美国第二大长途航空公司进行重大重组。他计划出售世通公司价值10亿美元的无线转售业务,并将资本支出再削减10亿美元。从2001年的80亿美元下降到现在的35亿美元。最多可以放手16,000名员工,占杰克逊(密西根州)公司员工总数的20%。此外,他即将获得新的50亿美元银行信贷额度,这将使世通在未来18个月内摆脱流动性危机。
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