STAFF LAYOFFS, OFFICE CLOSINGS AND RESIGNATIONS HIT XPEDIOR

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Internet consultant Xpedior said on March 20 that it would lay off 300 people, or approximately 42% of its staff as it prepares to close offices in New York, San Jose, Calif., Denver and Dallas, and that it was looking at "strategic alternatives" to sell its operations.

Xpedior, which is based in Chicago, also said that the company's president, Anthony G. Capers, executive vice president-operations Mark D. Hansen and senior vice president-sales Robert D. Whitehead have resigned.

The company said it anticipated that it had sufficient cash to operate through June 30, but, citing expected difficulties in raising working capital, that it would look to sell its operations. The Xpedior news comes as rumors circulate that a number of other Internet consultancies will undergo another round of layoffs. -- Catherine P. Taylor

Copyright March 2001, Crain Communications Inc.

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