The Helio-MuniFi experiments haven’t really worked out for EarthLink. One of the leading independent service providers, it has hit the skids. They gave the pink slip to nearly 900 employees in August. And it seems the spending cutbacks on Helio and MuniFi came too late. Now we’re hearing from multiple sources that another round of cuts is coming — and this one is going to be deep. Our friends at DSL Reports have heard something similar.
Even the senior ranks aren’t going to be spared, we are told. Could the new CEO be on his way out as well? EarthLink might also lose its voice…its voice business, that is. Stay tuned for further details. I think this company might be getting ready to be taken over by a private equity shop, just like Covad.