AT&T axing management in cost-cutting exercise

According to an AT&T filing to the Securities and Exchange Commission
today, the carrier is looking to rid itself of 1.5-percent of its
current employees, with many of the losses from management levels.
The news comes in advance of AT&T announcing its quarterly results,
which is expected to happen on Tuesday next week. Describing the
redundancies as the “next step in streamlining its operations”, the
carrier is blaming excess managers acquired from recent company buy-
outs.

On Sat, 19 Apr 2008 02:07:25 -0700 (PDT), 4phun <vic.healey@gmail.com>
wrote:

>According to an AT&T filing to the Securities and Exchange Commission
>today, the carrier is looking to rid itself of 1.5-percent of its
>current employees, with many of the losses from management levels.
>The news comes in advance of AT&T announcing its quarterly results,
>which is expected to happen on Tuesday next week. Describing the
>redundancies as the “next step in streamlining its operations”, the
>carrier is blaming excess managers acquired from recent company buy-
>outs.


You left out the important detail. The layoffs are in the old POTS
part of AT&T, and AT&T Mobile is expanding and hiring.