WorldCom Incorporated plans to fire some employees as a result of an investigation into the bankrupt company's massive accounting abuses.
CEO Michael D. Capellas promises the company will act with, "an outrageous sense of urgency."
The $9 billion-accounting scandal almost destroyed WorldCom.
Capellas made the announcement Tuesday in an hour-long broadcast to the telecom giant's 60,000 employees. He also outlined what he called a 100-day turnaround plan to emerge from the biggest bankruptcy in U.S. history.
Capellas says WorldCom will file a reorganization plan by April 15.