AT&T to cut 12,000 jobs, 4 percent of staff

Discussion in 'Other News' started by Cybergal, Dec 4, 2008.

Dec 4, 2008 #1

Cybergal Road Train Member

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AT&T to cut 12,000 jobs, 4 percent of staff

12/4/08

NEW YORK AT&T Inc. joined the recession's parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.
The Dallas-based telecommunications company the nation's largest said the job cuts will take place in December and throughout 2009. The company also plans to reduce capital spending next year.
Spokesman Walt Sharp said the layoffs will be "across the company and across the country," but would not specify what departments and cities would be most affected. These layoffs come on top of 4,600 jobs the company said in April it would eliminate.
More >> http://news.yahoo.com/s/ap/20081204/ap_on_bi_ge/at_t_jobs;_ylt=AkvC9tC462onjzx97AMI8T2s0NUE
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Cybergal, Dec 4, 2008

Cybergal, Dec 4, 2008

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