International Telecommunication Union   ITU
 
 
Site Map Contact us Print Version
 Friday, December 05, 2008

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.

Click here to see full article

Source: Cellular News.