Andersen's future still uncertain despite job cuts

Arthur Andersen LLP announced plans to lay off 7,000 employees yesterday, and analysts said that if it survives the Enron scandal, it will be as a shadow of its former self.

Arthur Andersen LLP is the US division of Andersen Worldwide. It was Arthur Andersen LLP that audited Enron, the Texas energy giant that became the world’s biggest bankruptcy.