RSS
Home
AT&T to cut 12,000 jobs starting this month
Print
Email
RSS
Subscribe
.jpg)
Add another several thousand folks to the U.S. unemployment rolls as jobs news continues to be bleak. AT&T said today it would cut 12,000 jobs, some 4 percent of its work force, beginning this month and continuing through next year.
AT&T, the nation's largest telecom, did not detail where the cuts would take place. It did say it would continue to hire workers in its cell phone and broadband divisions.
In a statement, the company pointed out that much of its non-management staff has jobs guaranteed through union contracts. It also said any laid-off workers would get severance "in accordance with management policies or union agreements."
More About:
jobs
Related Articles:
Add a Comment
.jpg)
The Labor Department today said U.S. employers cut 533,000 jobs in November. That's the most in any month since 1974. The nation's unemployment rate …
.jpg)
The nation's financial sector was reeling after the September 2001 terrorist attacks, with record job losses across the industry in the days following …
