Cingular To Cut 10 Percent of Workforce
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Cingular Wireless has said it plans to cut at least 10 percent of its workforce -- some 7,000 jobs -- over the next year and a half.
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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.
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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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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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AT&T Corp. will cut more than 20 percent of its workforce this year, ratcheting up its planned layoffs from a previously estimated target of 8 percent, the long-distance telecommunications carrier announced Thursday.
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Nortel Networks Corp. NT.TO said on  Thursday it will eliminate almost 10 percent of its workforce,  slightly less than it previously expected, and vacate real  estate in a cost-cutting plan that will save $500 million in  2005.
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Cingular Wireless plans to cut about 10 percent of its work force next year as the company adjusts to complete its recent merger with Redmond-based AT&amp;T Wireless Services inc.
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Industry analysts expect close to 10,000 job cuts in the coming weeks so that the workers can be removed from AT&T's books by the end of the year.
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The English National Opera announces plans to cut 10% of its workforce, axing about 45 jobs.
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Intel Corp. INTC.O, the world's   biggest microchip maker, may cut up to 10 percent of its work   force as early as next Tuesday, a technology news site said on   Thursday, citing sources familiar with the plans.
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SBC Communications says it may cut about 10,000 jobs by the end of next year, which would equal, 6% of its workforce. The cuts are a result of customers switching from regular phone lines to cellular and voice-over internet services.
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The SanDisk Corporation said it would cut 10 percent of its work force and trim executive salaries to compensate for a recent collapse in prices for memory chips.
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Battered by a downturn in the housing market, the company is laying off about 10% of its workforce at its headquarters in Atlanta.
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The CEO of Cingular acknowledged earlier this week that it expects to cut up to 10 percent of its 68,000-person workforce in the next year and a half.
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TORONTO -- Nortel Networks said yesterday it will slash its workforce by 3,500, or 10 percent, as it struggles to recover from an accounting scandal that toppled three top executives and led to a criminal investigation and lawsuits.
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NEW YORK (CP) - AT&amp;T is deepening its job cuts and now expects to eliminate 20 per cent of its workforce this year. The formerly dominant long-distance telecommunications operator also said Thursday it will
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AT&amp;T Corp., the largest US long-distance telephone company, will eliminate 20 percent of its work force this year and write down $11.