Santa Clara, Calif.—

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Digital-subscriber-line provider Covad Communications Inc. presented a revised business plan and financial outlook last week, calling for a head-count reduction of 13 percent, or 400 people, that should help cut costs by $200 million next year. The company said it would take a restructuring charge of about $20 million in the fourth quarter and expects to book a cash flow loss of between $180 million and $190 million for the period.

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