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Merger has gone even better than expected, MCI WorldCom chief says

Ebber’s headlines Deposit Guaranty economic symposium

At the 36th annual Deposit Guaranty Economic Symposium — The Year Ahead in Jackson last week, Bernie Ebbers, president and CEO of MCI WorldCom, talked about adding a net of 8,000 employees a year to keep up with the growth rate of the global telecommunications giant.

He also mentioned wanting a hockey franchise, hinting that there was enough room near WorldCom headquarters in Clinton to build an arena. Ebbers emphatically denied any interest in running for governor in 1999 even though he wouldn’t say whom he supports.

The merger of MCI and WorldCom has gone even better than expected, he said. However, on the heels of his announcement of a few thousand new hires annually, he also said about 75,000 duplicate jobs will be eliminated “for the sake of the shareholders,” he said.

“Many mergers do not occur without having to deal with duplications,” he said.

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