WorldCom's downfall is swelling the exodus of workers from the telecom industry, which alone has accounted for more than 10% of jobs lost in the latest US recession. Having wildly overexpanded in the 1990's, telecom companies have been rushing to shrink ever since, serving as a drag on the economic recovery. "Another 10 percent have to go ... and the industry won't need them back." Are you still working in the telecom industry? Job Cuts Take Heavy Toll on Telecom Industry |