AT&T to Cut About 7,000 Jobs
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AT&T Corp. T.N will cut about  7,000 jobs and reduce the value of its assets by $11.4 billion  due to its retreat from traditional consumer telephone  services, the company said on Thursday.
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NEW YORK - 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...
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Cingular Wireless LLC, the nation&#39;s largest cell phone company, will cut about 10 percent of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently acquired AT&amp;T Wireless, Cingular&#39;s chief executive said Tuesday.
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AT&amp;T, the US telecommunications group, yesterday said it will take a restructuring charge of about $1.1 billion in the third quarter mainly to cover the cost of about 7,000 job cuts and revalue downward its assets by $11.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) said on Wednesday it would cut 6,000 to 7,000 jobs, or about 10 percent of its work force, over the next 18
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Sprint Corp. (FON.N: Quote, Profile, Research) on Friday said it plans to cut up to 700 jobs as it realigns its business to focus on wireless and Internet services and takes a non-cash network impairment charge.
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NEW YORK - AT&T Corp. is cutting at least 7,500 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...
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ATLANTA - With the merger of AT&amp;T Wireless complete, Cingular is making plans to cut its 68,000-person workforce by 10 percent, the companyâs CEO told The Associated Press on Tuesday.
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Cingular Wireless, the nation&#39;s largest cellphone company, will cut about 10 percent of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently
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Delta Air Lines said Wednesday that it would cut 6,000 to 7,000 jobs over the next 18 months as part of a sweeping restructuring plan that the airline said would save $5 billion a year in costs by 2006.
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AT&amp;T Corp. (TN: Quote, Profile, Research) will cut about 7,000 jobs and reduce the value of its assets by $11.4 billion due to its retreat from traditional consumer telephone services, the company said on Thursday.
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The coffeehouse operator will offer AT&T wireless service at 7,000 U.S. locations.
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NEW YORK -- AT&amp;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.
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Cingular Wireless will cut close to 10% of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently acquired AT&amp;T Wireless, the chief executive of the nation&#39;s largest cell phone company said Tuesday in an
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Delta Air Lines, the third-largest carrier in the United States, announced Wednesday it will cut 7,000 jobs -- 10 percent of its workforce -- during the next 18 months and will slash wages.
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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.
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US mobile firm Cingular is laying off 7,000 people, or ten per cent of its workforce, as part of its integration of AT&amp;T&#39;s wireless unit.