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ChaCha Gets Some Love (and Cobranding) From AT&T
TechCrunch —
... , a free search service that lets you call or text in a question and get an answer in minutes via a return text message, got a confidence boost yesterday. AT&T announced a “strategic relationship” with the company that, to start, gives callers a cobranded greeting from both AT&T and ChaCha. ...
AT&T Cutting 12,000 Jobs, But Plans To Staff Up In Wireless
mocoNews —
... , mainly in management positions. At the time, the San Antonio telco said it expected to hire back that same number over the course of the year as it expanded wireless, TV and broadband and shifted resources from its landline business. Release ...
AT&T under economic pressure: 12,000 job cuts announced
Unwired View —
AT&T may be the mobile carrier with the biggest subscriber base in North America, but it seems that it’s not doing too great lately.
The giant mobile carrier has just announced what looks to be the largest layoff in the history of mobile operators.
More exactly, AT&T will cut about 12,000 jobs – a huge number, despite the fact that it only represents 4% of its total workforce.
The reasons invoked by AT&T for the job cuts include “economic pressures, a changing business mix and a more streamlined ...
AT&T Announces Q4 Morale Reduction
Digital Daily —
AT&T (T) joined the sad conga line of companies laying off workers, announcing on Thursday the elimination of 12,000 jobs. That’s roughly 4 percent of its workforce. The company cited “economic pressures, a changing business mix and a more streamlined organizational structure” as the rationale for the move.
Ugly news for the company’s workforce which has already seen its headcount reduced by 4,600 this year as part of a reorganization of its shrinking landline business.
...
AT&T Cutting 12,000 Jobs; NBCU Layoffs Hit Ad Sales
paidContent —
... , mainly management positions. At the time, the San Antonio telco said it expected to hire back that same number over the course of the year as it expanded wireless, TV and broadband and shifted resources from its landline business. Release ...
AT&T cuts 12,000 jobs, takes charge, but all in all doing pretty well
BloggingStocks —
Filed under: Bad news, Employees, AT and T (T), Stocks to Buy, RecessionTelecommunications giant AT&T will cut 12,000 jobs to reduce expenses amid slowing business conditions, due to the U.S. recession, the company announced Thursday. The cuts amount to a 4% workforce reduction, and the company also said it will take a company-record $600 million charge in Q4 for severance expenses. Shares of AT&T (NYSE: T) Wednesday closed up $1.04 to $29.08. AT&T added that it also plans to cut spending in 2009, and will announce details of those cuts in January 2009, when it ...
With AT&T Job Cuts, Telco Recession is Official [GigaOM]
GigaOM Network —
AT& T announced this morning that it is going to cut 12,000 jobs, or 4 percent of its workforce, joining a long list of companies that are making cuts in response to the economy’s growing woes. These job cuts are not a surprise, because AT&T is seeing its wireline customer base eviscerated. The cuts will be rolled out in ...
AT&T Gets Chummy with ChaCha, Also Cuts 12,000 Jobs
The Inquisitr » Technology —
... AT&T and ChaCha are teaming up with a new “strategic relationship” announced this week. Oh yeah, and in an unrelated but unfortunately timed move, AT&T is also laying off 12,000 of its workers. ...
AT&T Cutting More Than Jobs
Know It All —
Job cuts at AT&T; are making headlines -- and rightly so, 12,000 is a big number and the human cost is severe. But the other cuts announced today are important, too: "AT&T; plans to reduce its 2009 capital expenditures from 2008 levels."
The knock-on impact: "Shares in network equipment makers, or suppliers to phone companies like AT&T;, fell in early trade."
Credit Suisse analyst Chris Larsen estimates capex of $17 billion next year, a 12% dip from 2008.
Not all of this is driven by the economic malaise: "The cuts come as the company struggles with declining landline sales, as many consumers switch to wireless or alternative, cheaper services offered by ...
Roundup: AT&T cutting 12,00 jobs, record spending on Cyber Monday and more
VentureBeat —
AT&T cutting 12,000 jobs – That’s about 4 percent of the company’s workforce; it plans to pay about $600 million in severance over the next year.
Yahoo’s Search Assist gets image previews — The feature, which allows you to see the results for a suggested search before you actually click, is now available on on the search results page, and will be added to Yahoo.com eventually.
“Cyber Monday” e-commerce spending jumps 15 percent — With its heavy online discounts, the day is seen as a bellwether of how the holiday shopping season ...
Today’s blues news — AT&T, AMD, Adobe … and that’s just the A’s
GMSV —
... * AT&T announced today it will cut about 12,000 jobs — about 4 percent of its workforce — starting now and through next year as it deals with ...
AT&T to cut 4% of workforce
Boy Genius Report —
In a press release this morning, AT&T announced that it plans to cut 4% of its workforce, amounting to approximately 12,000 jobs, beginning this month. While this news might not come as a surprise - it’s hard to be surprised by layoff announcements these days - it is a move that will impact a tremendous amount of people. The layoffs are slated to begin this month and will continue throughout 2009. AT&T is allocating $600 million as severance for those affected, but that will hardly change the fact that they will be in competition with the hundreds of thousands of others who have been laid off during this global economic crisis. AT&T ...
