Earthlink is cutting 900 jobs in its Atlanta offices as well as closing several offices in other cities in a restructuring effort. The projected costs are in the $60-70 million range, increasing Earthlink's expected net loss for the 2007 year to $79-109 million.
Recently, Earthlink has bough back 3.9 million shares, leaving $270 million of common share stock on the market.
News Coverage: Atlanta Business Chronicle, Columbus Ledger-Enquirer, and a "local newspaper."
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