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electronista.com - 12/4/2008

AT&T slashes 12,000 jobs, shifts to wireless

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AT&T; today announced one of the larger job cuts in the midst of the US recession and said it would drop 12,000 employees, or about 4 percent of its total worker base. The effort is attributed both to the poor economy as well as to a "changing busine...

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AT&T cut 12,000 jobs today
SlashGear — ... I know a lot of companies have been cutting jobs in the wake of the recession, but wow, this has to be one of the biggest job cuts we’ve heard about so far. AT&T announced they would be cutting 12,000 jobs, which equates to 4% of its employees in order to save money and switch their primary focus to wireless services. ...

AT&T Cuts 12,000 Jobs
Homotron.net — ... priority to wireless services, which should see the job cuts offset by a new round of hiring in those areas as well as internet and video services. All this follows a 4,600-person management cut and the announcement of a general employee reduction of 10,000 over three years. It also follows the quarter that saw AT&T; gain the largest number of monthly phone subscriptions in its history - at the expense of profit. Such are the woes of those who subsidize the iPhone... AT&T; slashes 12,000 jobs, shifts to wireless [Electronista]