AT&T Expands Job Cut Plan by 7,400
22456
AT&T Corp. is cutting 7,400 more jobs and slashing the book value of its assets by $11.4 billion, drastic moves prompted by the company's plan to retreat from the traditional consumer telephone business following a lost court battle.
276170
The coffeehouse operator will offer AT&T wireless service at 7,000 U.S. locations.
746892
AT&amp;T is slashing its payroll by an additional 7,400 jobs and cutting the book value of its assets by $11.4 billion as it seeks to cope with declining revenue from its consumer and business segments.
761500
AT&T Inc.  said on Tuesday that  it would spend more than $750 million in 2007 to expand its  global communications network for corporate customers, an 89  percent rise from last year, as companies increasingly do  business abroad.
228407
AT&T said today that its earnings jumped a better-than-expected 84 percent in the fourth quarter as it slashed costs and benefited from a write-down of assets.
225721
The job cuts are a part of the company&#39;s efforts to shift its focus to business services and cut costs amid the competitive long-distance telephone services market.
192926
The blood-letting continued yesterday at AT&amp;T as the once-mighty phone company announced it has increased the number of layoffs to 20 percent of its workforce, or 12,300
10881
AT&T Corp., the No. 4 U.S. telephone company, said on Thursday its fourth-quarter earnings increased as it cut costs by slashing jobs and from a benefit related to a prior writedown of assets.
718558
Cingular Wireless LLC, the largest wireless operator in the US following its $41 billion acquisition of AT&amp;T Wireless Service Inc, plans to axe 7,000 jobs, about 10% of the post-merger workforce.
136424
AT&T Inc.  said on Tuesday it  will invest more than $750 million in 2007 to accelerate the  delivery of global Internet Protocol services and solutions to  businesses and multinational companies in key markets  worldwide.
317962
NEW YORK, Oct. 21 -- AT&T Corp. reported a third-quarter loss of $7.12 billion Thursday because of huge charges resulting from the company's retreat from traditional telephone services, which included at least 7,500 more job cuts and a write-down in the value of the company's long-distance network.
716574
AT&amp;T Corp., the No. 4 U.S. telephone company, said on Thursday its fourth-quarter earnings increased as it cut costs through slashing jobs and lower equipment expenses.
403313
Telephone company AT&T Corp.  has cut the 2004 bonus of Chairman and Chief Executive Officer David Dorman by a quarter from a year ago to &#36;1.97 million, a regulatory filing showed.
105356
Verizon Communications is expanding the roll-out of its high- speed fiber-optic network to six more states in a move Verizon says will create 3,000 and 5,000 jobs by the end of next year.
36421
Bank of America Corp. BAC.N will cut  an additional 4,500 jobs from its ranks, increasing the number  of jobs lost since its FleetBoston Financial acquisition by 36  percent to 17,000.
480123
AT&T Corp., the No. 4 U.S. telephone  company, said on Thursday its fourth-quarter earnings increased  due to cost-cutting through job cuts and a tax benefit from the  writedown of its assets.
76981
By Doris Hajewski, Milwaukee Journal Sentinel  Feb. 6--AT&T plans to hire up to 200 people to staff call centers for its new U-verse video service, the company said Monday.  The new jobs will be located at the AT&T office at 804 N.