Feeds

AT&T will slash 12,000 from workforce

Telco cuts off 4% of workers

Combat fraud and increase customer satisfaction

AT&T is laying off 12,000 staff and putting the blame on the economy and "a changing business mix".

The cuts amount to roughly four per cent of the US telecoms giant's total workforce.

The telco said it was moving to a more streamlined structure and would cut capital expenditure in 2009 - it is finalising budgets now and will give more details when it posts final results in January.

The redundancies will cost $600m in severance and related charges. The company said many non-management staff were protected by union contracts - all staff will get severance payments in line with union or other agreements.

Although the overall headcount is falling, AT&T said it was still hiring in some areas - wireless, video and broadband - where consumer demand remained strong.

The full statement is here.

Last month AT&T announced new customers in Reno, Nevada would be subject to bandwidth caps, after which they will face additional charges. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T dangles gigabit broadband plans over 100 US cities
So soon after a mulled Google Fiber expansion, fancy that
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
EE & Vodafone will let you BONK on the TUBE – with Boris' blessing
Transport for London: You can pay, but don't touch
Turnbull gave NBN Co NO RULES to plan blackspot upgrades
NBN Co faces huge future Telstra bills and reduces fibre footprint
NBN Co plans fibre-to-the-basement blitz to beat cherry-pickers
Heading off at the pass operation given same priority as blackspot fixing
NBN Co in 'broadband kit we tested worked' STUNNER
Announcement of VDSL trial is not proof of concept for fibre-to-the-node
prev story

Whitepapers

Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.