13WHAM.com confirms what I’d been hearing in whispers yesterday: Paetec is definitely making cuts. A reader flagged this article for me, thank you.
You’ll remember that Paetec has been having some very serious troubles of late, long before the rumblings of our current economic crisis were making headlines. They’ve been down in the penny stocks range for about half a year or so. This has been worrying to Rochestarians, especially in light of Paetec’s plans for the former MidTown center, which may very well be in jeopardy.
The company employs 800 people in Rochester. The rumor I’ve been hearing - entirely unconfirmed by any authoritative source - is that as many as 300 people could be let go. No time frame has been either rumored or announced. I’ll be keeping an eye on this story as it develops.
And once again, if you have information you’d like to share - from scuttlebutt at work to authoritative fact - I’d be interested in hearing it. You can leave feedback for me here, and your information will remain anonymous.
No comments yet. Be the first.
Leave a reply
- National NewsPhoto: MSNBC.com
||An unknown group of Lebanese militants fired as many as three rockets into northern Israel. No serious injuries were reported, but this is the second time Lebanese militants have opened a second front on Israel while they fought in Palestinian territory.Related News:
Discuss This! || 
Get the Feed
Time Warner and Viacom reach deal
Just after midnight New Years day I hopped over to the Daily Show's official website for what has always served as one of my most reliable sources for news. I was shocked by the message that appeared on my screen:ALERT! ALERT! ALERT!
Attention Time Warner Cable and Bright House Networks customers, starting tonight, you will lose your favorite Comedy Central shows on TV and online because of a dispute with Time Warner Cable and Bright House Networks. You can . . . More. . . ||
Get the Feed
The Blogs:
Stay Connected!
Recent Comments
- Oh, Hum? Interesting Articles on a Sunday (2)
Thomas Belknap: Yeah, the question is: which prospect is scarier? I’m beginning to loath this appointment.
Rottenchester: I think the seat is pretty much a lock for any reasonable Democrat. Because CK’s appointment...
- Yeesh. First Business Man Jumps Out Window (1)
Rick B: there can be no doubt Madoff and anyone else who knew he was running a Ponzi scheme must be punished...
- Nick Tahou’s Stadium? (1)
Mark Carbone: Let’s just go the route of everyplace else, and make it Barack Obama Stadium. Or, with the way...
- Sutherland Lawsuit(s) Updates and Important Information (15)
John Doe: I used to work there. It was a quick moment though. The supervisors put everyone through a lengthy abuse...
- Oh, Hum? Interesting Articles on a Sunday (2)
-
Get Your Gravatar!
Gravatars are:
G-lobally
R-ecognized
Avatars.
Get one today, and they'll show up on my site and many more sites you comment on!
Larry Flint and Hustler Want a Peice of the Bailout || The Register
Clean Technology Companies Fare Worse in Recession || CNet Tech News
Obama Comes Out Swinging: Deficits, Torture and Israel || McClatchy News ServiceFurther to Fall: Interest Rates on Mortages Stabilizing || Rochester D&C Business Section
Verizon and Microsoft Officially Team Up for Search Deal || CNet Tech News- Get the Feed
RocBlogs.com Blog Updates- Sconsetmonkey: WTF?read moresconsetmonkey
- Sconsetmonkey: Washington D.C. 01/06/09sconsetmonkey
- RocBike: A Pundit’s View on Winter BikingMatt Yglesias is a political blogger who takes an interest in the politics of transportation. He makes an interesting point about biking in winter: read moreRocBike.com | The RocBike Review
- Exile at TAP: Slaughter forms upstate caucusThis strikes me as good news, from the Slaughter press release: Congresswoman Louise M. Slaughter (D-NY-28), Chairwoman of the House Rules Committee, has formed a new bipartisan Upstate New York Congressional Caucus. The purpose of the caucus is to collectively advance issues that face upstate New York, such as reviving the local economy and bringing new well-paying jobs to the region. read morethe albany project - Exile on Ericsson St.'s RSS Feed
- Lenndeavours: Congresswoman Louise M. Slaughter's Letter to Governor PatersonLate this morning, I received a press release about a letter that Congresswoman Louise read moreLENNDEVOURS
- Sconsetmonkey: WTF?
