New York-Area Telecommunications Firm to Fire 2,000 Workers. (06-APR-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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New York-Area Telecommunications Firm to Fire 2,000 Workers.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 06-APR-01

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Byline: Rachel Scheier

Apr. 6--Silicon Alley's Winstar, one of the country's biggest upstart telecom companies, said yesterday it would fire 2,000 workers to save money as it searches for a much-needed infusion of cash.

The layoffs amount to more than 40 percent of the company's work force of about 4,500.

Expansion efforts that were under way will be halted immediately. Winstar said it will...

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