On March 24, 2009, Fusion Telecommunications International Inc., (the "Company") issued a press release entitled "Fusion To Release Fourth Quarter and Year End 2008 Financial Results On March 31, 2009" relating to its financial results for its fiscal year ended December 31, 2008. A conference call relating to these financial results is scheduled to be held on March 31, 2009.

In an effort to streamline operations, reduce expenses and focus efforts on the development of the Company's Corporate and Carrier sales, the Company has determined to eliminate the consumer product line of its retail segment and restructure its overall operations,. The Company's Board of Directors authorized this restructuring at a Board Meeting held on February 17, 2009.

The restructuring was initiated on February 24, 2009, and is expected to be concluded by June of 2009. As a result of this action, three international offices will be closed, and twenty six employees and eleven consultants will be terminated. There are expected to be charges and write-downs of assets associated with these actions. The following table provides our current estimates or estimated ranges of the amount of these charges and write-downs. The Company will filed an amended report on Form 8-K to the extent required by the provisions thereof to disclose changes in such estimates or ranges.

        Description          Estimated Amount or Range      Related Information
Severance Payments                    $38,000           Under existing agreements.
Contract Termination Costs      $15,000 to $100,000     Actual amount depends upon
                                                        the outcome of negotiations
                                                        with contractors.
Impairment of Fixed Assets       $0.00 to $845,000      Actual amount to depend
                                                        upon the outcome of
                                                        negotiations to sell
                                                        all or a portion of the
                                                        fixed assets.

On March 31, 2009, the Company disseminated a press release relating to the activities described under this Item. The press release attached to this Current Report on Form 8-K as Exhibit 99.2 is hereby incorporated by reference.

The press releases attached as Exhibit 99.1 to this report, is furnished pursuant to Item 2.02 and shall not be deemed to be "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by Fusion under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

(d) Exhibits

Press Release issued by Fusion Telecommunications International,
99.1 Inc., dated March 24, 2009 entitled "Fusion To Release Fourth Quarter and Year End 2008 Financial Results On March 31, 2009." Press Release issued by Fusion Telecommunications International,
99.2 Inc., dated March 31, 2009 entitled "FUSION RESTRUCTURES ORGANIZATION, SAVING $1.5 MILLION PER YEAR EXPANDS SALES ORGANIZATION TO PROMOTE HIGHER MARGIN CORPORATE SERVICES".