CED Magazine - November 2008


Free eNewsletter Subscription

CED Home
E-newsletters
CED Broadband Direct Archive
IP Capsule Archive
Product Showcase Archive
xOD Capsule Archive
Subscribe to CED

Tools
Emerging Tech '08 Show Daily
Broadband White Papers
Buyers Guide
Events Calendar
Webcasts
Digital Library
CED Wallcharts
Live From the Show Video Archive
View From the Top Video Archive

Topics
Broadband Business
Cable Telephony
Digital Future
Fiber Optics
HFC Architecture
Internet Services

Magazine
Current Issue
WEB EXTRA
New Products
Archives
Digital Edition Sample
Show Dailies
Subscribe to Print

Editorial
Contact the Editor
Editorial Staff
Feedback
News Release Policy
Reprints
Submit Event for Online Calendar
Submit News Release
Submit Your White Paper

Advertising
2008 Editorial Calendar
Ad Specifications
List Rental
Media Kit
Sales Contacts
BPA Statement June 2008

Our Partner Sites
ECN
Product Design & Development
Wireless Week

Quick Links
Media Kit


2008 CED Calendar [digital version]




AT&T cuts 4,600 jobs
By Mike Robuck
CedMagazine.com - April 18, 2008

AT&T said in a regulatory filing that it will cut its workforce by 1.5 percent – or 4,600 jobs – with most of the cuts affecting management-level employees.

The nation’s largest telecommunications provider, which had about 310,000 employees near the end of last year, expects that the job cuts will result in a first-quarter pre-tax charge of $374 million.

"The reductions we’ve announced are the next step in streamlining our operations – particularly in non-customer-facing positions – to operate more efficiently after bringing together several companies in recent years,” AT&T said in a statement. “Even with the reductions announced today, we expect our headcount overall to remain stable this year as we hire additional employees to support growth areas like wireless and TV.”

AT&T reported a 2007 fourth-quarter profit of $3.1 billion. The company has made several large acquisitions in the past few years, including the purchase of BellSouth in 2006 for more than $80 billion.

More Broadband Briefs:

Battle lines drawn at network neutrality forum 

Charter not in compliance with Nasdaq Stock Market 

NFL Networks notifies Comcast of intent to file complaint with FCC 

AT&T cuts 4,600 jobs 

DirecTV buys installation co. 

Iowa governor signs bill to clarify cable franchising 

Google has a hot Q1.aspx 

Broadband Briefs for 4/18/08


Related Content
Microtune adds wideband upstream amp
DPI platforms next pot of gold for telecommunications
Broadband Briefs for 11/18/08

 


Search CED
 

Sponsors





Upcoming Events

 



Advantage Business Media
Use of this web site is subject to its Terms and Conditions of Use.
Copyright 2008 Advantage Business Media. View our Privacy Policy.