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AT&T slashes 12,000 jobs, shifts to wireless
Electronista | The Macintosh News Network — [image] AT 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 business mix" that has left its traditional landline service in decline. Much of that business is shifting towards cellphones and other wireless services, the company says. It also plans to reduce its overall capital spending at the same time but won't have details until January. Accordingly, the firm also says that some of the job ...

AT&T slashes 12,000 jobs, shifts to wireless
Macnn | The Macintosh News Network — [image] AT 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 business mix" that has left its traditional landline service in decline. Much of that business is shifting towards cellphones and other wireless services, the company says. It also plans to reduce its overall capital spending at the same time but won't have details until January. Accordingly, the firm also says that some of the job ...