Press Releases
Lame-duck cable provider cuts 400 of its 1,300 jobs
REDWOOD CITY — Preparing to go out of business at the end of February, bankrupt cable Internet provider Excite@Home laid off 400 of its 1,300 employees Friday.
The remaining 900 employees will help the company shut down and transition service for the cable companies that will be moving from Excite@Home onto other high-speed Internet networks.
The company’s public relations team was among the casualties of the cuts announced Friday.
A federal bankruptcy judge this week approved Excite@Home’s plans to maintain its service for about 2.1 million subscribers through Feb. 28 in exchange for $355 million from six cable companies.