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To: posthumousone who wrote (126727)	10/1/2001 8:45:33 PM
From: posthumousone	Read Replies (1) \| Respond to of 436258

Here's the email sent to Aether Systems' employees preparing them for layoffs. Rumor has it the CEO actually had to give up his private helicopter. Apparently this email was sent after business hours on Friday -- have a nice weekend! When: 10/1/2001 Company: Aether Systems -----Original Message----- From: Dave Oros To: All Aether Employees: In order to position our company for long-term success, the Aether management team has had to make some very difficult decisions in recent weeks and months. As everyone knows, the economic environment has been extremely challenging this year, forcing downward trends in technology spending, which have affected Aether directly. In response to these conditions, we must continue to evaluate our business, organizational structure, operating expense, and cash flow. As a part of this process, Aether continues to consolidate facilities, reduce capital spending, and reduce operating spending. The ongoing downturn in the economy places increased pressure on Aether to operate in as lean and efficient a manner as possible. One unfortunate yet necessary result of these factors is that we plan to reduce the size of our workforce by approximately 280 people. The reasons behind this decision are the following: ? The need to reduce costs based on ongoing economic conditions ? The requirement to meet our financial and operational goals ? The need to restructure our organization to better address the marketplace we now face You should know that no specific area of the company was targeted - reductions in staff will take place throughout the company, in all areas and at all levels. If your position is affected, your manager will notify you within the next week and you will be eligible to receive 60 days of paid notice, including continuation of all benefits in which you are currently enrolled. Other separation package benefits may include outplacement assistance and pro-rated vesting of stock options or restricted shares. We know this is a difficult time for all employees. What we are facing is not unique to companies in the technology industry; rather, these trends have affected the entire economy. Aether must operate as efficiently as possible in order to reach profitability, deliver shareholder value and foster a stable working environment for the long term. During these difficult times, and as we prepare for better times ahead, we remain true to our mission to be the leading provider of wireless and mobile data products and services. Sincerely, Dave Oros Chairman & CEO