WorldCom To Cut 2,000 Jobs Overseas

The company also said it would discontinue unprofitable products in these areas and remain focused on its retail, wholesale voice and IP and data services.

WorldCom executives said the company's operations in the Middle East, Europe and Africa remain fully funded and are expected to be cashflow-positive in 2003.

The beleaguered carrier, which operates in 65 countries, cut 17,000 positions this past June prior to filing for Chapter 11 in July. Worldcom owes creditors $41 billion.

One partner said WorldCom is currently pleading a case in bankruptcy court to pay money owed to its key solution provider partners.

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Last week, Interim President and CEO John Sidgmore announced his resignation, news met with a mixture of resentment and indifference from partners.

"I think it's a bad move," said one partner executive who requested anonymity. "WorldCom needs to show management stability to gain public and, more importantly, customer confidence."

Sidgmore's departure, the executive said, "ignites more uncertainties."

But another partner said he did not see Sidgmore's resignation having any impact on agents.

Sidgmore is expected to move back into his position as vice chairman once a CEO replacement is found.