Excite to Cut 500 Jobs

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REDWOOD CITY, Calif. — Excite@Home will eliminate about 500 jobs and close its MathLogic unit as it struggles to remain liquid.

The online-service provider said Tuesday it expects additional funding or further financial restructuring will be necessary to continue as a going concern.

Excite (ATHM) will cut staff over the next three months and MatchLogic, Westminster, Colo.,

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