was down 37.5% in late morning after hitting a 52-week low of 13 cents. Published reports say the Internet-consulting company will cut up to half its employees, or 3,500 people. The stock is down from a 52-week high of $42.63.


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, another Internet consultant, was down 2.6% after hitting a year-low of $2.06. The company announced that it would cut 211 employees.